The Convention on Mutual Assistance in Tax Matters (the “Convention”) obliges the competent authorities of the contracting parties to the Convention to agree on the scope of the automatic exchange of information and on the procedure to be followed. In this context, the Multilateral Competent Authority Agreement on the Exchange of CbC Reports (“CbC MCAA”) for automatic exchange of reports by country and the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) were developed for the automatic exchange of financial account information in accordance with the common reporting standard. . The text of the amended agreement is available in English, French, German (unofficial translation), Spanish (unofficial translation) and Portuguese (unofficial translation). Adjustment of the possibilities of sin by mutual agreement MULTILATERAL Competent Authority Agreements for THE AUTOMATIC EXCHANGE OF INFORMATION The convention facilitates international cooperation for better functioning of national tax legislation while respecting the fundamental rights of taxpayers. It provides for all possible forms of administrative cooperation between states on taxation and tax collection. This cooperation ranges from the exchange of information, including automatic exchanges, to the collection of foreign tax debts. The coordination unit is assisted in its tasks by the OECD secretariat. Results: 869. The exact: 869. Time elapsed: 161 ms.
Amicable procedure between the competent authorities The Convention on Mutual Assistance in Tax Matters (“Convention”) was jointly drawn up by the OECD and the Council of Europe in 1988 and amended by the Protocol in 2010. The Convention is the most comprehensive multilateral instrument available for all forms of tax cooperation to combat tax evasion and evasion. 29/09/2020 – Ambassador Moustaq Moorad of Botswana signs the signings of the convention. In accordance with the provisions of Article 24, paragraphs 3 and 4 of the Convention, the coordinating body is responsible for monitoring the implementation and development of the Convention, including: . Since 2009, the G20 has repeatedly called on countries to sign the convention, including at the 2018 G20 summit in Buenos Aires, where the communiqué said: “All countries should sign and ratify the multilateral convention on mutual tax assistance.” Frequent short phrases: 1-400, 401-800, 801-1200, Plus Mutually Agreed Review of The Possibilities of Sin 141 jurisdictions currently participate in the Convention, including 17s covered by territorial extension. It is a wide range of countries, including all G20 countries, all BRIICS, all OECD countries, major financial centres and a growing number of developing countries. Discover the state of the international situation with an interactive map that contains key indicators and the results of THE OECD`s work on international tax issues with more than 150 countries and jurisdictions: This agreement can be amended by mutual consent. The coordinating body is made up of representatives of the competent authorities of the contracting parties to the convention and includes the competent authorities of the territories where the convention applies.