Ministry of Finance Takes Part in Global Forum Conference on Tax Transparency

Ministry of Finance Takes Part in Global Forum Conference on Tax Transparency

The Ministry of Finance participated in the 10th Global Forum Competent Authorities Conference on Transparency and Exchange of Information for Tax Purposes in Tbilisi, Georgia.

The conference brought together specialists from 77 countries to share experiences in exchanging tax-related information.

The conference covered topics such as real beneficiary requirements, Common Reporting Standard (CRS) system, and protection of information. Case studies from Tunisia, Georgia, Germany, and Singapore were presented.

Discussions also focused on the future of automatic exchange of financial account information and the importance of CRS in combating tax evasion. The UAE joined the Global Forum in 2010

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