HomeTaxPeru signs two OECD instruments: anti-corruption and fiscal

Peru signs two OECD instruments: anti-corruption and fiscal

-

Peruvian Minister of Economy and Finance, David Tuesta, signed this Monday (28.5-2018) in Paris the OECD anti-corruption convention, which will come into force in the country within 60 days, reported the Company.

Tuesta signed the agreement together with the Secretary General of the Organisation for Economic Co-operation and Development (OECD), Mexican Ángel Gurría.

Peru becomes the 44th signatory of this convention that helps the fight against corruption of public officials as well as that which occurs in international transactions.

In addition, the Minister also signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

Gurría recalled that six other Latin American countries have already signed this agreement.

"With this signature," Gurría said.

This convention, which will enter into force on 1 September 2018,  Peru sends a clear signal that it is determined to play a key role in pursuing cross-border corruption. andIt is the world's leading instrument for increasing transparency and combating cross-border tax evasion.

He added that it is "another example of Peru's commitment to the OECD, as well as its ability to adopt legal instruments in support of a fair and sustainable approach to globalization."

The OECD Convention against Corruption came into force in 1999 and, in addition to the 35 member countries of that organisation, it has been adopted by Argentina, Brazil, Bulgaria, Colombia, Costa Rica, Lithuania, Russia and South Africa. 

avatar photo

Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.

LAST NEWS