OECD and G20 Announce Plan for Sharing Real Estate Tax Information

The Organization for Economic Cooperation and Development (OECD) and the Group of 20 (G20) announced a plan on April 17, 2026, to share information on untaxed funds in real estate, including rental income and capital gains. The initiative involves tax authorities exchanging data on property ownership between the location of the property and the residence of legal and beneficial owners.

Framework

Details The plan, known as the Multilateral Competent Authority Agreement on the Exchange of Readily Available Information on Immovable Property (IPI MCAA), consists of two modules that jurisdictions can adopt separately or together.

The first module provides information on existing immovable property holdings through a one-off exchange, followed by annual exchanges on new acquisitions. The second module covers annual exchanges on property disposals and income derived from immovable property, such as rent.

Exchanged data includes the owner's name, tax identification number, date of birth, address, property address or identifier, acquisition price or value, disposal price or capital gain, and recurrent annual income.

Background and Implementation

The OECD submitted a framework report to the G20 in October 2025, which was discussed at a G20 Finance Ministers and Central Bank Governors meeting on October 15-16, 2025, in Washington, DC.

The initiative builds on prior efforts, such as the 2009 G20 call to end bank secrecy, leading to the Foreign Account Tax Compliance Act (FATCA) in the United States and the Common Reporting Standard (CRS) in OECD-aligned countries. Israel has a FATCA agreement with the United States and is an OECD member, with bank information already exchanged automatically.

Countries signing the IPI Agreement are among the 152 jurisdictions covered by the Convention on Mutual Administrative Assistance in Tax Matters as of February 17, 2026, including Israel.

Upon signing, the agreement becomes effective the following January 31, with information exchanged by June 30 annually.

The G20 presidency encouraged additional jurisdictions to participate. Jurisdictions must maintain safeguards for confidentiality of the exchanged information.