Panama Papers Leading to 20 Country Interlinked Beneficial Ownership Registry for Company and Trusts

Over 20 countries have joined the UK-led pilot to automatically share ownership information for companies. As such their tax and law enforcement agencies will now exchange data on company beneficial ownership registers and new registers of trusts enabling more effective investigation of financial wrongdoing and tax-dodging.  [See free SSRN download of Lexisnexis® Guide to FATCA […]

via Byrnes Tax & Compliance Blog