Ukraine has become a full-fledged member of the Global Forum on Transparency and Exchange of Information for Tax Purposes

Ukraine has become the 121st full-fledged member of the Global Forum on Transparency and Exchange of Information for Tax Purpose created by the Organization for Economic Cooperation and Development (OECD).

After becoming a member of the Global Forum the state must commit to implementation of relevant standards of transparency, the automatic exchange of information with other Member States, as well as to submit to the evaluation of their internal tax systems by OECD specialists.

Ukraine is scheduled to have its tax system evaluated at the end of 2014.