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Nauru Signs Mutual Assistance Convention and Multilateral Agreement on Automatic Exchange of Financial Account Information

29 June 2016

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Treaty Development

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Nauru-OECD

The OECD has announced that on 28 June 2016, Nauru signed the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 protocol, as well as the Multilateral Competent Authority Agreement (MCAA) on Automatic Exchange of Financial Account Information. On the same day, Nauru deposited the ratification instruments for the Mutual Assistance Convention, which will enter into force in the country on 1 October 2016. Regarding the MCAA, Nauru has committed to begin automatic exchange by September 2018. Click the following link for signatories to the Mutual Assistance Convention and the MCAA on Automatic...