A key aspect of global cooperation between countries and tax authorities is data sharing in the fight against tax evasion. It is crucial that the technical solutions implemented by Tax Authorities to exchange data meets all requirements of the organisations imposing the new cooperation regulations, like the IRS and the OECD.
The Multi Data Exchange Solution (MDES) is the only true full-service package for Tax Authorities on the market today. With the Multi Data Exchange Solution, countries are prepared for the future and able to comply quickly with the complex international data exchange requirements.
This solution is developed from the viewpoint of a Tax Authority and built around an optimized data sharing process with a minimal footprint on the organization. It supports tax officials in gathering information, sorting it and sharing it with the appropriate countries.
The Multi Data Exchange Solution is designed to operate in a near-full automatic mode within weeks, with minimal training and useful user documentation.
Tax authorities get a global grip on tax evaders
In the MDES implementation process in Curaçao, BearingPoint is working closely with both the Curaçao and Dutch Tax Authorities. Two Dutch experts, who are involved in the process, wrote a comprehensive article on the benefits, challenges and best practices on implementing of Automatic Exchange of Information.
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