Asian Countries Find $1.8 Billion From Tax Information Exchange

Asian countries participating in the OECD’s tax transparency program were able to recover at least €1.6 billion ($1.8 billion) in additional revenue in 2025, according to a report released by the organization Tuesday.

The report documents the progress of the Asia Initiative, a project to increase tax transparency in the region, with 18 members including Vietnam, Brunei, Indonesia, Korea, India, China, Hong Kong, and Pakistan.

Of the total additional revenue, about €1.4 billion was collected through the Organization for Economic Cooperation and Development’s common reporting standard, a system countries use to help prevent tax avoidance by ...