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Honduras joins the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

19 July 2022

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Tax Alerts, Legislation & Policy, National/Federal Taxation

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Honduras

The Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) will empower tax officials to exchange tax information with other jurisdictions that are party to the Convention.As the next step, Honduras is expected to ratify the Convention and deposit the instrument of ratification so the Convention enters into force.On 11 July 2022, Honduras signed the Convention with the Organisation for Economic Co-operation and Development (OECD). This action is a step towards Honduras’s commitment to tackle tax evasion and promote tax transparency.With this, Honduras joins a list of at least 146 jurisdictions that have ratified, accepted or approved the...