TIEAs – Monaco is taking the Mickey

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I’m in Brussels talking about automatic information exchange today (and country-by-country reporting tomorrow).

It’s interesting to hear someone (I don’t think I can or should name him) close to the OECD Global Forum review group on information exchange saying that they are well aware that places like Monaco are taking the Mickey when seeking to appear internationally compliant with OECD standards by signing almost all their Tax Information Exchange Agreements with other tax havens.

And they say these places will fail the review process.

I hope they’re top of the pile for that reason.