On 4 April 2016, the OECD published a brief Q&A on the so-called "Panama Papers" in the context of the work being done by the Global Forum on Transparency and Exchange of Information for Tax Purposes. --- What does the release of the “Panama Papers” actually tell us? The Panama Papers describe in detail how a veil of secrecy is still allowing funds to be transferred between jurisdictions and held offshore, where it can be hidden from tax authorities. Panama’s consistent failure to fully adhere to and comply with international standards monitored by the Global Forum on Transparency and Exchange...