International Anti-Corruption Commitments

Title of the document

Protocol amending the Convention on Mutual Administrative Assistance in Tax Matters

(https://legalinstruments.oecd....)

Issuing body

OECD

Brief description

The Convention on Mutual Administrative Assistance in Tax Matters (1988) was one of the first and most comprehensive multilateral instrument available for all forms of tax co-operation to tackle tax evasion and avoidance, a top priority for all countries. The Convention was amended to respond to the call of the G20 at its 2009 London Summit to align it to the international standard on exchange of information on request and to open it to all countries, in particular to ensure that developing countries could benefit from the new more transparent environment.

Relevant excerpts

Preamble

Welcoming the various efforts made in recent years to combat tax avoidance and tax evasion on an international level, whether bilaterally or multilaterally;

Considering that a co-ordinated effort between States is necessary in order to foster all forms of administrative assistance in matters concerning taxes of any kind whilst at the same time ensuring adequate protection of the rights of taxpayers;

Section I – Exchange of information

Article 4 – General provision

Article 5 – Exchange of information on request

Article 6 – Automatic exchange of information

Article 7 – Spontaneous exchange of information

Article 8 – Simultaneous tax examinations

Article 9 – Tax examinations abroad

Article 24 – Implementation of the Convention

1The Parties shall communicate with each other for the implementation of this Convention through their respective competent authorities. The competent authorities may communicate directly for this purpose and may authorise subordinate authorities to act on their behalf. The competent authorities of two or more Parties may mutually agree on the mode of application of the Convention among themselves.