Austria recently ratified the OECD Convention on information exchange between member countries. This paper deals with the rules adopted on the basis of the new OECD Agreement Implementation Act assistance (ADG) and the question of under what Pre-requirements, the exculpatory effect of a Self-Denunciation leads to a tax advantage. The article goes to the ongoing discussion on the possible repatriation of funds held abroad as unregulated funds ("black money") and undisclosed asset.

Kerres, Proell, Board News, 06/2009