International Cooperation of States in the Field of Direct Taxation: the OECD’s Experience and the Development of Legal Regulation of the Exchange of Information for Tax Purposes

Abstract

The article covers international cooperation between states in the field of direct taxation. The author focuses on the OECD Model Convention on prevention of double taxation on income and capital tax. The forms and limits of international cooperation on direct taxation are listed. The article deals with the problem of the exchange of information for tax purposes, tendencies of development of legal regulation of information exchange in international treaties. The author notes that the trend of the last decade is the growth of bilateral double taxation agreements based on OECD Model Convention. It is noted that the fact of ratification by Russia of the joint Council of Europe/OECD Convention on Mutual Administrative Assistance in Tax Matters is vital for Russia to integrate into the process of information exchange.