Monaco

Making Dispute Resolution More Effective – MAP Peer Review Report, Monaco (Stage 2) - Inclusive Framework on BEPS: Action 14

Making Dispute Resolution More Effective – MAP Peer Review Report, Monaco (Stage 1) - Inclusive Framework on BEPS: Action 14

BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia

The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

OECD invites taxpayer input on eighth batch of dispute resolution peer reviews

The OECD is now gathering input for the BEPS Action 14 Stage 1 peer reviews of Brunei, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia, and invites taxpayers to submit input on specific MAP-related issues by 19 March 2019.

Belize signs landmark agreement to strengthen its tax treaties and Monaco deposits its instrument of ratification for the Multilateral BEPS Convention

Belize has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS, becoming the 86th jurisdiction to join the Convention, which now covers almost 1500 bilateral tax treaties. Yesterday, Monaco deposited its instrument of ratification for the Convention with the OECD’s Secretary-General.

Definitive MLI Position for Monaco

Reservations and notifications under the Multilateral Instrument for BEPS Tax Treaty Related Measures provided for Monaco, deposited with the instrument of ratification, approval, or acceptance.

Residence/Citizenship by investment update

Since the release of the guidance, Monaco has provided additional information with respect to its residence and migration requirements confirming that information on relevant applicants is exchanged with all existing jurisdictions of residence.

Global Forum on Transparency and Exchange of Information for Tax Purposes: Monaco 2018 (Second Round) - Peer Review Report on the Exchange of Information on Request

Monaco signs tax co-operation agreement to enable automatic sharing of country-by-country information (BEPS Action 13)

As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Monaco has signed the Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA), bringing the total number of signatories to 66.

Monaco deepens commitment to fight offshore tax avoidance and evasion

OECD Secretary-General Angel Gurría welcomed today the Principality of Monaco’s commitment to strengthen international tax co-operation after it became the 84th jurisdiction participating in the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.