Fighting tax evasion: EU and Monaco sign new tax transparency agreement

Author (Corporate)
Series Title
Series Details IP/16/2456 (12.07.16)
Publication Date 12/07/2016
Content Type

The European Union and Monaco formally signed on 12 July 2016 a new tax transparency agreement. Both sides agreed to automatically exchange information on the financial accounts of each other's residents from 2018.

The agreement was initially reached in February 2016.
Source Link http://europa.eu/rapid/press-release_IP-16-2456_en.htm
Related Links
Council of the European Union: Press Release, 12.07.16: EU and Monaco sign deal on automatic exchange of tax data http://www.consilium.europa.eu/en/press/press-releases/2016/07/12-eu-monaco-tax-evasion/
EurActiv, 13.07.16: Monaco signs up to EU’s tax transparency scheme http://www.euractiv.com/section/euro-finance/news/monaco-signs-up-to-eus-tax-transparency-scheme/
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