AS per OECD, Ireland has become the 21st country to sign the
Multilateral Convention on Mutual Administrative Assistance in Tax Matters, as
amended by its 2010 Protocol.
The Convention offers governments valuable
tools for fighting offshore tax evasion and avoidance. It provides a
multilateral basis for a wide range of inter-governmental administrative
assistance, including information exchange on request, automatic exchange of
information, simultaneous tax examinations, assistance in tax collection and
service of documents.
The amended Convention is fully aligned with the
internationally agreed standards on transparency and exchange of information for
tax purposes, and has been open to all countries worldwide since 1 June.
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