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Article summary

The Organisation for Economic Co-operation and Development (OECD) has issued a new report in which it calls on countries to increase their efforts to better deter, detect and disrupt the activities of professionals who enable tax evasion and other financial crimes. The report, titled Ending the Shell Game: Cracking down on the Professionals who enable Tax and White Collar Crimes, explores the different strategies that countries can take against those professional service providers which play a large part in the planning and pursuit of criminal activity, referred to in the report as ‘professional enablers’. The OECD noted that ‘the majority of professional service providers are law-abiding, and play an important role in assisting businesses and individuals understand and comply with the law’. However, it is hoped that this new report will assist countries in dealing with ‘the small subset that use their specialised skills and knowledge to enable clients to defraud the government and evade their tax obligations’. The report will be presented at the virtual OECD Global Anti-Corruption and...