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Feed/NLE2025/0219(NLE)Finance & Budget

The exchange of financial account information to improve international tax compliance in accordance with the Standard for Automatic Exchange of Financial Account Information in Tax Matters developed by the Organisation for Economic Cooperation and Development (OECD)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 8mo ago
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This procedure concerns an amendment to an existing agreement between the EU and Monaco. It aims to enhance cooperation on tax matters by facilitating the automatic exchange of financial account information, aligning with international standards set by the OECD.

This will affect individuals and financial institutions in Monaco and the EU, improving transparency and helping to combat tax evasion and fraud through better cross-border tax compliance.