Panama becomes 39th jurisdiction to comply with OECD norms for exchange of information

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Panama becomes 39th jurisdiction to comply with OECD norms for exchange of information By TII News Service Jul 07, 2011 , Paris
WITH the signing of tax information exchange agreement with France, Panama has yesterday moved to the OECD's list of nations which have substantially complied with the global norms. As per OECD, Panama has now become the 39th jurisdiction to do so since the progress report was first issued in April 2009. “Panama has worked hard to achieve this milestone, making remarkable strides toward complying with the international standards in a very short time. This is very welcome and shows the Global Forum is achieving its aims,” said OECD Secretary-General Angel Gurria.

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