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of <h1>Multilateral Tax Cooperation Pact Enhances Global Information Sharing to Combat Harmful Tax Practices and Promote Transparency</h1> The an OECD multilateral agreement designed to promote international tax cooperation through information exchange. Developed by the OECD Global Forum Working Group, the agreement aims to address harmful tax practices by establishing a standard for effective tax information sharing. It provides a framework for bilateral treaties, allowing jurisdictions to exchange tax-related information while maintaining flexibility in implementation and encouraging global participation in transparent tax practices.
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