Thursday , August 16, 2018 |   21:32:44 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Instant Updates Newsletters
 
NEWS FLASH
 
DTAA - Tax Residency Certificate constitutes sufficient evidence for accepting status of residence as well as beneficial ownership when applying provisions of Tax Treaty: ITAT (See 'Breaking News') I-T - Treaty provisions, where beneficial to taxpayers, will override provisions of Section 206AA, upon failure of non-resident recipient to furnish PAN: ITAT (See 'Breaking News') TP - Companies engaged in diversified activities can be adopted as comparables provided their segmental results are available for verification: ITAT (See 'Breaking News') TP - Export incentives should be considered as part of turnover when working out gross profit margin in case of international transaction of exporting finished goods to AEs: ITAT (See 'Breaking News') TP - Where loan for which corporate guarantee is extended to foreign AE, is availed in local currency of its residence, then local interest rate is applicable for ALP purposes: ITAT (See 'Breaking News') GST - Credit conundrums - Overlooking them is no solution! (See 'Cob(Web)' in 'TIOL') TP - TPO cannot determine ALP on estimation basis by entertaining doubts regarding business expediency of payments for making disallowance u/s 37(1): ITAT (See 'Breaking News') TP - Closely linked transactions cannot be segregated for purpose of determining arm's length price: ITAT (See 'Breaking News') TP - Entities having huge brand image & substantial intangibles cannot be compared to captive service providers more so without segmental information: ITAT (See 'Breaking News') TP - Companies engaged in software products are not good comparables to captive software developers being functionally dissimilar: ITAT (See 'Breaking News')
 
TII SEARCH
 
 
   
Home >> News Brief
 

OECD to set up Academy for Financial Crime Probe in Argentina
By TII News Service
Jul 24, 2018 , Paris

    

 

OECD and Argentina have signed MoU to fight against growing financial crimes. OECD Secretary-General Angel Gurría and Argentina’s Minister of Treasury Nicolás Dujovne presided over the signing of a Memorandum of Understanding to establish a centre of the OECD Academy for Tax and Financial Crime Investigation in Buenos Aires, Argentina.

The signing, which took place in the margins of the meeting of the G20 Finance Ministers and Central Bank Governors in Buenos Aires, establishes the OECD Latin America Academy for Tax and Financial Crime Investigation, to be housed in the facilities of Argentina’s Federal Administration of Public Revenues. The Memorandum of Understanding was signed by Argentina’s Commissioner of Public Revenues Leandro Cuccioli and the OECD’s Director of the Centre for Tax Policy and Administration Pascal Saint-Amans.

The OECD Latin America Academy for Tax and Financial Crime Investigation will provide intensive capacity-building courses targeted at tax crime investigators and other related law enforcement officials, including prosecutors, anti-money laundering and anti-corruption officials, in particular from Latin American countries, that will support tax crime investigators throughout their careers. This will include broad-based courses on conducting and managing financial investigations as well as targeted courses on specific types of tax and financial crimes, such as those associated with crypto-currencies, money laundering and VAT fraud.

“The establishment of the OECD Latin America Academy here in Buenos Aires to train investigators in using the latest techniques to deter, detect and prosecute financial crime such as tax fraud, money-laundering or corruption, will strengthen Latin America’s capacity to tackle these crimes,” Mr Gurría said. “We are very grateful to the Argentine authorities for supporting this initiative.”

Illicit financial flows, including tax evasion and other financial crimes, have a large cost to government budgets and threaten the strategic, political and economic interests of all countries, with a particularly damaging impact in developing countries. These activities thrive in a climate of secrecy, inadequate legal frameworks, lax regulation, poor enforcement and weak inter-agency co-operation. Programmes offered by the OECD Latin America Academy for Tax and Financial Crime Investigation will be an important contribution to the wider work of the OECD Oslo Dialogue, which promotes a whole-of-government approach to fighting financial crime.

The establishment of the OECD Latin America Academy for Tax and Financial Crime Investigation builds on the success of the original centre hosted by the Gaurdia di Finanza in Ostia, Italy, and a pilot Africa Academy for Tax and Financial Crime Investigation launched by the OECD, Kenya, Italy and Germany at the G20 Africa Partnership conference in June 2017. Together, these efforts have trained more than 550 financial investigators from over 80 countries. The first events planned for the OECD Latin America Academy for Tax and Financial Crime Investigation are scheduled to begin in late 2018.

 
 
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAAs
  • TIEAs
  • Circulars
  • Circulars (I-T Act, 1922)
  • Instructions
  • Notifications
  • Administrative Orders
  • DRP Panel
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Draft Notifications
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • Dx666
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notification
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2010-2018 Taxindiainternational.com Pvt.Ltd. All rights reserved.