UAE signs agreement on mutual assistance in tax matters | KPMG | US

OECD: UAE signs agreement on mutual assistance in tax matters

UAE signs agreement on mutual assistance in tax matters

The Organisation for Economic Cooperation and Development (OECD) today announced that the United Arab Emirates (UAE) has signed the multilateral convention on mutual administrative assistance in tax matters, bringing the number of jurisdictions to join the agreement to 109. The UAE has committed to begin the first exchanges by 2018.

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As noted in the OECD release, the convention provides for all forms of administrative assistance in tax matters—exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. 

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