A major tax summit involving representatives from more than 90 countries will be held here later this year.
The Global Forum on Transparency and Exchange of Information for Tax Purposes monitors and evaluates the international standard on how tax information is shared across borders.
This will be the Global Forum's first meeting after it became a stand-alone body last year.
Finance Minister Tharman Shanmugaratnam said: "Singapore is pleased to host the Global Forum at an important time - as it puts in place an objective peer review process aimed at monitoring the implementation of the internationally agreed standard for exchange of information. Singapore has been working actively with others to institute this process."
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