Subject: [Estonia] The Global Forum's CARF Commitment Process
From: <[email-masked]>
To: "RAM Info"
Cc: <[email-masked]>, "Lemmi Oro", "Anneli Valgma", <[email-masked]>, <[email-masked]>, <[email-masked]>, <[email-masked]>, <[email-masked]>
Date: Thu, 29 Aug 2024 16:01:20 +0300

To:

H.E. Mr. Jürgen Ligi, Minister of Finance, Estonia

From:

Ms Zayda Manatta, Head of the Secretariat of the Global Forum on
Transparency and Exchange of Information for Tax Purposes

Subject:

[Estonia] The Global Forum's CARF Commitment Process

ZM/CT/7304/GF

For the attention of the Minister’s Office,

Please find attached a letter from the Chair of the Global Forum on
Transparency and Exchange of Information for Tax Purposes (Global Forum)
in relation to the Global Forum’s Crypto-Asset Reporting Framework (CARF)
commitment process, which will culminate at the Global Forum’s 2024
Plenary meeting in November. Please also find attached a note for
officials, that contains model text for a possible response, as well as
some FAQs. Below is also some background information.

I also note that your jurisdiction is one of the 59 jurisdictions that
have already announced their intention to work towards commencing
exchanges by 2027. Given this, please note that an official level response
confirming your jurisdiction’s commitment to implement the CARF in
accordance with the Global Forum’s CARF commitment process would suffice
as a response to the letter from the Chair.

Context

*	The Global Forum’s CARF commitment process is a key milestone in
its work to deliver on the G20 request for it to “build on its commitment
and monitoring processes to ensure the widespread implementation of the
[CARF] by relevant jurisdictions.” It builds on the Global Forum’s work to
identify relevant jurisdictions in relation to the CARF and formalizes the
voluntary commitment already made by 59 jurisdictions to implement the
CARF, many of which have already announced the domestic implementation of
the CARF.
*	The Global Forum’s CARF commitment process is needed to deliver a
level playing field for governments and business, so that all Global Forum
members implementing the CARF do so on the same basis and in accordance
with mutually agreed timelines.
*	There is also a signing ceremony of the CARF Multilateral
Competent Authority Agreement that will take place at the Plenary, in
which jurisdictions can participate to begin to implement the commitment.

Please note, that I am available (at  <mailto:[email-masked]>
[email-masked] or at [email-masked]
<mailto:[email-masked]> ) to answer any questions you may have.

Best regards,

Zayda Manatta

Ms. Zayda Manatta
Head of Secretariat
Global Forum on Transparency and Exchange of Information for Tax Purposes

OECD Centre for Tax Policy and Administration

Mailing address: 2, rue André Pascal, 75775 Paris Cedex 16, France
Visiting address: 46 Quai Alphonse le Gallo, 92100 Boulogne Billancourt,
France

Tel: +33 1 45 24 82 29 / Fax: +33 1 44 30 63 21

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