Monica Bhatia

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Monica Bhatia

Head of secretariat, OECD Global Forum on Transparency and Exchange of Information for Tax Purposes

Monica Bhatia

Bhatia has just returned from a Forum meeting in Jakarta, where a number of developments, including further country rankings, were agreed by the 122 country members.

“The next step will see jurisdictions looking to address the recommendations that have been made to them,” says Bhatia. “Those without good ratings will want to make changes.”

Bhatia says the result of these ratings and recommendations is “more effective cooperation” between jurisdictions.

She adds that the impact on taxpayers is that, with more exchange of information between the 122 members, it is becoming even more difficult to have arrangements purely designed to limit tax. “There’s no let up.”

The next step in the Forum’s development involves the automatic exchange of information. Bhatia says all members agreed to this in Jakarta and 30 members have come together to form a voluntary group working towards this end.

The Global Tax 50 2013

« Previous

Max Baucus and Dave Camp

View the complete list

Next »

UK Big 4 tax partners

more across site & shared bottom lb ros

More from across our site

AI-powered tax agents are likely to be the next big development in tax technology, says Russell Gammon of Tax Systems
FTI Consulting’s EMEA head of employment tax and reward tells ITR about celebrating diversity in the profession, his love of musicals, and what makes tax cool
Canadian Prime Minister Mark Carney and US President Donald Trump have agreed that the countries will look to conclude a deal by July 21, 2025
The firm’s lack of transparency regarding its tax leaks scandal should see the ban extended beyond June 30, senators Deborah O’Neill and Barbara Pocock tell ITR
Despite posing significant administrative hurdles, digital services taxes remain ‘the best way forward’ for emerging economies, says Neil Kelley, COO of Ascoria
A ‘joint understanding’ among G7 countries that ‘defends American interests’ is set to be announced, Scott Bessent claimed
The ‘big four’ firm’s inaugural annual report unveiled a sharp drop in profits for 2024; in other news, Baker McKenzie and Perkins Coie expanded their US tax benches
Representatives from the two countries focused on TP as they met this week to evaluate progress under a previously signed agreement – it is understood
The UK accountancy firm’s transfer pricing lead tells ITR about his expat lifestyle, taking risks, and what makes tax cool
Dolphin Drilling intends to discuss the final liability amount and manner of settlement with HM Revenue and Customs
Gift this article