International efforts to combat tax evasion and avoidance got a boost today as additional countries and jurisdictions agreed to join more than 60 other countries in tax co-operation through a key multilateral tax instrument during the first day of a global meeting in Jakarta, Indonesia.

This latest development includes the deposit by the United Kingdom of declarations extending the territorial scope of the Convention to cover the following jurisdictions: Isle of Man (Crown Dependency) and Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Gibraltar, Montserrat, and Turks & Caicos (Overseas Territories).

Read more about the ongoing OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.