On August 29, 2016 we posted OECD Adds 5 More Countries To Its CbC Automatic Exchange Agreement where we discussed that n June 30, the Organization for Economic Co-operation and Development (OECD) announced that 5 new countries have signed the Multilateral Competent Authority Agreement for the automatic exchange tax information.First automatic exchanges of information will start in 2017-2018 on 2016 information.On September 14, 2016 Senator Mohammad Ishaq Dar, Minister of Finance of Pakistan, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters thereby becoming the 104th jurisdiction to join the Convention.
First automatic exchanges of information will start in 2017-2018 on 2016 information.
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Read more at: Tax Times blog
