OECD: Mutual Administrative Assistance
The OECD and the Council of Europe have jointly issued a new publication of the Convention on Mutual Administrative Assistance in Tax Matters to commemorate the 20th Anniversary of its opening for signature on 25 January 1988.
The Convention is described as providing one of the most comprehensive and efficient instruments to counteract international non-compliance in today's open and more integrated economy. It covers all taxes and allows exchange of information, multilateral simultaneous tax examinations and assistance in tax collection.
The Parties to the Convention are Azerbaijan, Belgium, Denmark, Finland, France, Iceland, Italy, the Netherlands, Norway, Poland, Sweden, the United Kingdom and the United State s. Canada and Ukraine have signed the Convention and are still in the process of ratification.
Further information on the Convention is available at http://www.oecd.org/document/41/0,3343,en_2649_37427_39993577_1_1_1_37427,00.html.