As TNW reports, Maestri will work under Apple's senior vice president and Chief Financial Officer Peter Oppenheimer, who handles the "controller, treasury, investor relations, tax, information systems, internal audit and facilities functions".
IT systems may be rudimentary, and the skills to design and run automated tax information systems unavailable.
The following month, nearly a dozen EU members agreed to the world's first multilateral system of tax information exchange, based on similar bilateral US requirements passed three years ago.
The theft of tax information from a South Carolina computer system appears to have been the largest cyberattack ever on a state government and has put other states on high alert, computer security experts say.
Ahead of the summit, the Organisation for Economic Co-operation and Development (OECD), proposed to share tax information by building on an existing system set up by the US and five major European economies, but on a global scale.
Lately the United States and the European Union have expressed deep frustration with the international system of sharing tax information.
Automatic tax information sharing would replace the present system under which tax authorities have to request specific details on companies and individuals.
America should also embrace the OECD's efforts, already backed by more than 50 countries, to create a truly multilateral system in which tax information on residents' accounts and certain investments is shared annually.
Oxfam called on world leaders at the G20 to do more to support an automatic system for exchanging tax information to allow both rich and poor countries to access tax information.
As the largest economy in the world, we could also demand that the G20 adopt a global system of automatic tax information exchange between jurisdictions, making it nearly impossible for wealthy tax evaders to hide behind tax haven secrecy laws in offshore locations.
Only two countries, Guatemala and Nauru, have no legal system for the exchange of tax information, although they are working on it.But the real measure of success for the OECD project is progress on Tax Information Exchange Agreements (TIEAs)—bilateral agreements between tax havens and bigger countries to help each other on tax matters.
