A Progress Report on the Jurisdictions Surveyed by the OECD Global Forum in Implementing the Internationally Agreed Tax Standard

A Progress Report on the Jurisdictions Surveyed by the OECD Global Forum in Implementing the Internationally Agreed Tax Standard¹

	Progress made as at 13th November 2009 (Original Progress Report 2nd April)
	Jurisdictions that have Substantially Implemented the Internationally Agreed Tax Standard
Argentina	Estonia	Jersey	San Marino
Aruba	Finland	Korea	Seychelles
Australia	France	Liechtenstein	Singapore
Austria	Germany	Luxembourg	Slovak Republic
Bahrain	Gibraltar	Malta	Slovenia
Barbados	Greece	Mauritius	South Africa
Belgium	Guernsey	Mexico	Spain
Bermuda	Hungary	Monaco	Sweden
British Virgin Islands	Iceland	Netherlands	Switzerland
Canada	India	Netherlands Antilles	Turkey
Cayman Islands²	Ireland	New Zealand	United Arab Emirates
China³	Isle of Man	Norway	United Kingdom
Cyprus	Israel	Poland	United States
Czech Republic	Italy	Portugal	US Virgin Islands
Denmark	Japan	Russian Federation

Jurisdictions that have Committed to the Internationally Agreed Tax Standard, but have not Yet Substantially Implemented
Jurisdiction	Year of Commitment	Number of Agreements	Jurisdiction	Year of Commitment	Number of Agreements
Tax Havens⁴
Andorra	2009	(8)	Nauru	2003	(0)
Anguilla	2002	(4)	Niue	2002	(0)
Antigua and	2002	(9)	Panama	2002	(0)
Barbuda			St Kitts and	2002	(5)
Bahamas	2002	(4)	Nevis
Belize	2002	(0)	St Lucia	2002	(0)
Cook Islands	2002	(2)	St Vincent and	2002	(5)
Dominica	2002	(1)	the Grenadines
Grenada	2002	(1)	Samoa	2002	(3)
Liberia	2007	(0)	Turks and	2002	(5)
Marshall Islands	2007	(1)	Caicos Islands
Montserrat	2002	(0)	Vanuatu	2003	(0)
Other Financial Centres
Brunei	2009	(7)	Malaysia	2009	(2)
Chile	2009	(0)	Philippines	2009	(0)
Costa Rica	2009	(0)	Uruguay	2009	(2)
Guatemala	2009	(0)

Jurisdictions that have not Committed to the Internationally Agreed Tax Standard
Jurisdiction	Number of Agreements	Jurisdiction	Number of Agreements
All jurisdictions surveyed by the Global Forum have now committed to the internationally agreed tax standard

The internationally agreed tax standard, which was developed by the OECD in co-operation with non-OECD countries and which was endorsed by G20 Finance Ministers at their Berlin Meeting in 2004 and by the UN Committee of Experts on International Cooperation in Tax Matters at its October 2008 Meeting, requires exchange of information on request in all tax matters for the administration and enforcement of domestic tax law without regard to a domestic tax interest requirement or bank secrecy for tax purposes. It also provides for extensive safeguards to protect the confidentiality of the information exchanged.
The Cayman Islands have enacted legislation that allows them to exchange information unilaterally and have identified 12 countries with which they are prepared to do so. This approach is being reviewed by the OECD.
Excluding the Special Administrative Regions, which have committed to implement the internationally agreed tax standard.
These jurisdictions were identified in 2000 as meeting the tax haven criteria as described in the 1998 OECD report.

Note: Progress made as of 13 November 2009.