Andorra
Twenty nations’ tax laws may aid multinational profit shifting, OECD report says
Twenty countries have tax laws that may be considered harmful preferential regimes, facilitating tax avoidance by multinationals and reducing the tax base of other countries, an OECD report released Monday revealed. The review, conducted by the OECD Forum on Harmful Tax Practices (FHTP), assessed countries’ tax laws against . . . .
EU Presidency releases plan to prevent multinational tax avoidance
The European Council on February 7 released the Maltese Presidency’s work plan regarding tax measures to prevent base erosion and profit shifting by multinationals, notes Davide Anghileri of the University of Lausanne . . .
Switzerland consults on introducing automatic exchange of tax information with 22 countries
The Swiss government has today announced a consultation on commencing automatic exchange of information in tax matters with 22 countries, writes Davide Anghileri, a lecturer at the University of Lausanne . . .
Andorra becomes 40th non-OECD/G20 country to join “inclusive framework” for BEPS implementation
Andorra has become the 40th country that is neither an OECD nor G20 member to join what is known as the inclusive framework for BEPS implementation, a group of countries that have pledged to adopt measures, designed by the OECD and G20 in the base. . .
Luxembourg announces new tax treaty with Serbia; entry into force of protocols with Ireland, Mauritius, Lithuania and UAE; and law approving tax treaties with six other nations
The government of Luxembourg has announced that protocols signed with Ireland, Mauritius, Lithuania and United Arab Emirates entered into force on December 11 and . . .
EU agrees to automatically exchange of tax information with Liechtenstein
The EU and Liechtenstein on October 28 agreed to automatically exchange tax information on the financial accounts of each other’s residents beginning . . .
Luxembourg and Andorra sign treaty to avoid double tax and prevent tax evasion
Luxembourg Finance Minister, Pierre Gramegna, and Jordi Cinca Mateos, Finance Minister of the Principality of Andorra, signed an agreement for the avoidance of double taxation and prevention of fiscal evasion between the two countries, according to a June 2 Luxembourg Ministry of Finance press release.
Switzerland’s TIEAs with Andorra, Greenland, San Marino, Seychelles enter into force
Tax information exchange agreements (TIEAs) between Switzerland and Andorra, Greenland, San Marino, and the Seychelles have been ratified and came into force in July and August, Switzerland’s Federal Department of Finance announced on September 9. All the . . .
Swiss Federal Council approves TIEAs with Andorra, Greenland, San Marino and the Seychelles
The Swiss Federal Council, on August 20, approved tax information exchange agreements with Andorra, Greenland, San Marino, and the Seychelles. The agreements will be submitted to parliament for approval. press release
EU and Andorra agree to automatic exchange of tax information
Andorra and the EU on October 4 agreed to automatically exchange information on the financial accounts of each . . .