Maldives, Papua New Guinea and Rwanda have signed the Multilateral Convention on Mutual
Administrative Assistance in Tax Matters (the OECD’s treaty for international
tax co-operation and exchange of information), bringing the total number of
jurisdictions that participate in the Convention to 144.
These signings will trigger 429 new exchange relationships
under the Convention for the three signing jurisdictions following their
ratification, allowing them to engage in the exchange of information with 143
other jurisdictions, including all major financial centres.
Jordan has also deposited its instrument of ratification of the
Convention, meaning that the Convention will apply for Jordan as from 2022.
Separately, Singapore has deposited a notification subsequent
to ratification for the Multilateral
Convention to Implement Tax Treaty Related Measures to Prevent BEPS (the
Multilateral Instrument or MLI).
Maldives, Papua New Guinea and Rwanda have signed the Multilateral Convention on Mutual
Administrative Assistance in Tax Matters (the OECD’s treaty for international
tax co-operation and exchange of information), bringing the total number of
jurisdictions that participate in the Convention to 144.
These signings will trigger 429 new exchange relationships
under the Convention for the three signing jurisdictions following their
ratification, allowing them to engage in the exchange of information with 143
other jurisdictions, including all major financial centres.
Jordan has also deposited its instrument of ratification of the
Convention, meaning that the Convention will apply for Jordan as from 2022.
Separately, Singapore has deposited a notification subsequent
to ratification for the Multilateral
Convention to Implement Tax Treaty Related Measures to Prevent BEPS (the
Multilateral Instrument or MLI).