On November 10, 2017 the OECD issued a press release announcing that on that same date Qatar signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. By doing so, Qatar became the 115th signatory to the convention.
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.
On the same date Qatar also signed the CRS Multilateral Competent Authority Agreement (CRS MCAA), re-confirming its commitment to implementing the automatic exchange of financial account information pursuant to the OECD/G20 Common Reporting Standard (CRS) in time to commence exchanges in 2018. By doing so Qatar became the 96th jurisdiction to sign the CRS MCAA.
Click here to be forwarded to the Chart of Participating Jurisdictions (status as per November 10, 2017) as available on the website of the OECD, which will open in a new window.
Click here to be forwarded to the List of CRS MCAA signatories (status as per November 10, 2017) as available on the website of the OECD, which will open in a new window.
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