Offshore Cook Botswana. Numbered accounts

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The Organization for Economic Cooperation and Development (OECD) removed the Marshall Islands (offshore jurisdictions in the Pacific Ocean) from the list «of non-tax havens», after the island nation has taken the commitment to hold a series of measures to increase transparency and ensure the effective exchange of information on tax matters . As a result of this commitment Mashrallovy Island became the second country after Liberia, excluded from the blacklist of OECD over the past month. Now, the list remains the only European troika: Andorra, Liechtenstein and Monaco. The Marshall Islands became the 35 th country to assume such responsibilities. According to the OECD, its work in this area is designed to ensure the country's honest performance of its tax legislation to the full, ensuring the necessary information from other countries when it is needed. A recent report «Tax Cooperation: Towards leveling the playing field - Assessment of the Global Forum on Taxation in 2006» shows that most countries do, according to the OECD, substantial progress in the implementation of the practice standards of transparency and exchange of information, although he noted that individual countries Much remains to be done.