IT FELT a little like we dodged a bullet when on Tuesday, the Organisation for Economic Cooperation and Development (OECD) took Malaysia off the list of countries that had been said to be laggards in complying with the international tax standard on exchange of information.
But it’s certainly too soon to say all is well with Malaysia’s status in the global fight against tax abuse. For that matter, the blacklisting – officially, this term is never used – suggests that we were not alert to the OECD’s assessment of where we stand in this matter.