Multilateral agreements on tax information exchange ()
DESCRIPTION: Multilateral agreement providing a standardised and efficient mechanism to facilitate the automatic exchange of tax information.
eira:ABBhttp://data.europa.eu/dr8/LegalAgreementContract
dct:modified2023-07-26
dct:identifierhttps://www.oecd.org/tax/exchange-of-tax-information/convention-on-mutual-administrative-assistance-in-tax-matters.htm
dct:titleMultilateral agreements on tax information exchange
dct:descriptionThe Multilateral Convention on Mutual Administrative Assistance in Tax Matters is a comprehensive multilateral instrument available for all forms of tax co-operation to tackle tax evasion and avoidance, a top priority for all countries. The Convention was developed jointly by the OECD and the Council of Europe in 1988 and amended in 2010 to respond to the call by the G20 to align it to the international standard on information exchange.
dct:publisherOrganisation for Economic Co-operation and Development (OECD)
dct:sourcehttps://www.oecd.org/tax/exchange-of-tax-information/convention-on-mutual-administrative-assistance-in-tax-matters.htm
skos:example1. Exchange of information on request: A country can request another country to provide specific information about a taxpayer's financial and tax status.,2. Spontaneous exchange of information: A country can voluntarily provide information to another country about a taxpayer's financial and tax status.,3. Automatic exchange of information: Countries can systematically and periodically exchange taxpayer information.,4. Simultaneous tax examinations: Two or more countries can agree to simultaneously examine the affairs of a taxpayer to ensure compliance with tax laws.,5. Assistance in recovery of tax claims: A country can request another country to help recover tax claims from a taxpayer.
eira:concepteira:SolutionBuildingBlock
skos:noteThe Convention provides for all possible forms of administrative co-operation between states in the assessment and collection of taxes, in particular with a view to combating tax avoidance and evasion. This co-operation ranges from exchange of information, including automatic exchanges, to the recovery of foreign tax claims.
eira:viewLV-Legal Agreements