On 29 October 2014, 51 jurisdictions signed a multilateral competent authority agreement to automatically exchange information based on Article 6 of the Multilateral Convention. The significance of this event was demonstrated by the participation of 39 ministers* in the signing ceremony, the largest gathering of ministers to take joint action to address tax evasion.

 

 

Multilateral competent authority agreement

Global Forum on Transparency and Exchange of Information for Tax Purposes