On October 27, 2016 the OECD published a press release announcing that on that same date Panama signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Therewith the total number of signatories to the convention comes to 105.
The Convention on Mutual Administrative Assistance in Tax Matters provides a comprehensive multilateral framework for the exchange of information and assistance in tax collection. Its coverage includes administrative assistance between tax authorities for information exchange on request, automatic exchange of information, simultaneous tax examinations and assistance in the collection of tax debts.
Click here to be forwarded to the Chart of Participating Jurisdictions (status as per October 27, 2016) as available on the website of the OECD, which will open in a new window.
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