By Nick Kostov

 

PARIS--The Organization for Economic Co-operation and Development has called a meeting of senior tax officials from leading economies on April 13 in Paris to discuss a common response to widespread tax avoidance schemes reportedly unveiled by the so-called Panama Papers.

The Panama Papers--leaked records from a Panamanian law firm that specializes in offshore holding companies, according to the International Consortium of Investigative Journalists--"contain an unprecedented amount of information," the OECD said.

The meeting will convene tax officials from the Joint International Tax Shelter Information & Collaboration Network, which is tasked with responding to tax compliance issues and fostering cooperation between different jurisdictions.

 

Write to Nick Kostov at nick.kostov@wsj.com

 

(END) Dow Jones Newswires

April 08, 2016 13:00 ET (17:00 GMT)

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