The European Commission has presented a Recommendation for a Council Decision to authorize negotiations for amendments to the agreements on the automatic exchange of financial account information with Andorra, Liechtenstein, Monaco, San Marino, and Switzerland. The context of the recommendation is as follows: --- 1. CONTEXT OF THE RECOMMENDATION Reasons for and objectives of the Recommendation Between 2015 and 2016 the European Union (EU) signed and concluded five agreements on the automatic exchange of financial account information to improve international tax compliance respectively with the Principality of Liechtenstein ("Liechtenstein"); the Republic of San Marino ("San Marino"), the Principality of Andorra...