Automatic Exchange of Tax Information as a Key Element in the Development of the Environment for Tax Compliance

Antonina D. Levashenko – Senior Researcher, Head of Russian OECD Center, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Alexandra A. Koval – Younger Researcher of the Russian OECD Center, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

According to OECD estimates, voluntary disclosure of financial information resulted in more than EUR 95 billion in additional revenue for OECD and G20 countries over the 2009–2019 period. The main reason is the beginning of the automatic exchange of financial information, which is becoming a key tool for tax compliance.This article analyzes the development of international automatic exchange tools. Now we can summarize the first results of the exchange of financial information: evaluate its effectiveness, identify key schemes for avoiding an automatic exchange, as well as measures to combat them.

The article was prepared as part of the research work of the state assignment of the RANEPA.

Key words: automatic exchange, tax information, compliance, tax evasion schemes, CRS, OECD.