Developing Economies Lead EUR 135 Billion Surge in Global Tax Transparency, OECD Reports

• Since 2009, OECD Global Forum members have identified EUR 135 billion in additional tax revenues, with EUR 48 billion benefiting developing countries.
• In 2024, developing countries accounted for 70% of the EUR 4 billion in newly identified revenues and received data on 53 million financial accounts worth EUR 2.7 trillion.
• Capacity-building efforts reached record levels in 2025, with training delivered to over 20,000 officials across 111 jurisdictions.
• Developing countries are increasingly participating in international tax transparency and cooperation, sending 4,659 information requests in 2024 (a 43% increase from 2023).
• The Convention on Mutual Administrative Assistance in Tax Matters now includes 152 jurisdictions, facilitating global tax cooperation.

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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