(June 4, 2015)
Yesterday we already reported that Australia and Canada had signed the Multilateral Competent Authority Agreement (MCAA). On June 4, 2015 the OECD issued a press release stating that next to Australia and Canada also Chile, Costa Rica, India, Indonesia and New Zealand signed the MCAA. With these jurisdictions signing the total number of jurisdictions that currently have signed the MCAA comes to 61.
The Multilateral Competent Authority Agreement (MCAA) is a framework administrative agreement to automatically exchange information based on Article 6 of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Click here to be forwarded to the text of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters as available on the website of the OECD.
Click here to be forwarded to overview of signatories of the MCAA and intended first information exchange date as available on the website of the OECD. (Please note that when we put the link, the OECD did not yet update the overview)
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