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Taiwan Issues Notice on Implementation of the Automatic Exchange of Financial Account Information

20 January 2022

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Treaty Development

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Taiwan-Australia-Japan-United Kingdom

Taiwan's Ministry of Finance has issued a notice regarding the implementation of the automatic exchange of financial account information with Australia, Japan, and the UK. --- The 2021 Implementation Result of Automatic Exchange of Financial Account Information The Ministry of Finance states that the automatic exchange of financial account information for the year 2020 between Taiwan and Japan, Taiwan and Australia, as well as Taiwan and the United Kingdom was carried out in 2021, in accordance with strict international confidentiality and data protection standards. The carrying out of these exchanges will enhance international tax cooperation and safeguard the rights and...