The OECD is asking for a global system to exchange financial information about individuals in an effort to minimize tax evasion.
The Organization for Economic Cooperation and Development (OECD) is asking for a global system to exchange financial information about individuals in an effort to minimize tax evasion, reports The Washington Post.
A similar system is already taking hold in the U.S., thanks to FATCA, which requires all financial institutions to send such information to the IRS.
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