TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Monaco ratifies the Convention on Mutual Administrative Assistance in Tax Matters

Monaco recently ratified the Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”). The Convention will enter into force for Monaco on 1 April 2017.

Monaco has also committed to implementing automatic exchange of financial account information which commences in 2018. Monaco is amongst the first signatories of the CRS Multilateral Competent Authority Agreement (the “CRS MCAA”) and the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (the “CbC MCAA”), which are both based on Article 6 of the Convention.