Tax: Signature of revised OECD / Council of Europe treatyDate: 27 May 2010, at 6.30 p.m.Location: OECD headquarters, Paris, Château de la MuetteOrganised by the Organisation for Economic Co-operation and Development (OECD) and the Council of EuropeDescription: The OECD and the Council of Europe have recently agreed on a protocol amending the Convention on Mutual Administrative Assistance in Tax Matters for which the two organisations are the custodians. The text aims to help governments better enforce their tax laws and combat cross-border tax evasion. The protocol will be opened for signature on 27 May in a side event of OECD’s annual Ministerial Meeting, in the presence of the OECD Secretary General Angel Gurría and the Council of Europe Deputy Secretary General Maud de Boer-Buquicchio. Twelve countries have announced their intention to sign the protocol on 27 May: Belgium, Denmark, Finland, France, Iceland, Italy, Netherlands, Norway, Sweden, Ukraine, United Kingdom and United States. Another four have announced their intention to sign both the convention and the protocol: Korea, Mexico, Portugal and Slovenia. *** The protocol aims to align the convention to the international standards on information exchange for tax purposes, notably by allowing for the exchange of bank information. It also opens the convention to countries that are not members of either the OECD or the Council of Europe. This will enable developing countries to become parties to the amended convention and benefit from the new, more transparent tax-cooperation environment. Contact: Jaime Rodríguez, Tél. +33 (0) 390 21 47 04, This e-mail address is being protected from spambots. You need JavaScript enabled to view it Council of Europe Directorate of Communication Tel: +33 (0)3 88 41 25 60 Fax:+33 (0)3 88 41 39 11 This e-mail address is being protected from spambots. You need JavaScript enabled to view it http://www.coe.int/ |
Last Updated on Friday, 28 May 2010 09:29 |