OECD Convening Global Meeting to Discuss Panama Papers Response

LONDON (AP) -

The Organization for Economic Cooperation and Development, which represents 34 high- and middle-income countries, is convening a meeting of tax officials from around the world, on April 13 in Paris, to figure out what to do about the Panama Papers disclosures.

The OECD said in a statement that they will “explore possibilities of cooperation and information-sharing, identify tax compliance risks and agree (on) collaborative action in light of the Panama Papers revelations.”

The organization has already formed a network of tax officials from around the world who have pledged to work with each other to crack down on tax evasion.