The automatic exchange of financial account information to improve international tax compliance
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 8mo ago
This procedure updates the agreement between the European Union and San Marino regarding the automatic exchange of financial account information. It aims to strengthen international tax compliance and prevent tax evasion by ensuring that financial data is shared more effectively between administrations.
This affects financial institutions and taxpayers in San Marino and the EU. It enhances the ability of tax authorities to detect economic fraud and corruption through increased transparency.