Harmful tax practices

List of Unco-operative Tax Havens

 

In a report issued in 2000, the OECD identified a number of jurisdictions as tax havens according to criteria  it had established. Between 2000 and April 2002, 31 jurisdictions made formal commitments to implement the OECD’s standards of transparency and exchange of information.

 

Seven jurisdictions (Andorra, The Principality of Liechtenstein, Liberia, The Principality of Monaco, The Republic of the Marshall Islands, The Republic of Nauru and The Republic of Vanuatu) did not make commitments to transparency and exchange of information at that time and were identified in April 2002 by the OECD’s Committee on Fiscal Affairs as unco-operative tax havens. All of these jurisdictions subsequently made commitments and were removed from the list of unco-operative tax havens. Nauru and Vanuatu made their commitments in 2003 and Liberia and the Marshall Islands in 2007. 

 

In May 2009, the Committee on Fiscal Affairs decided to remove all three remaining jurisdictions (Andorrathe Principality of Liechtenstein and the Principality of Monaco) from the list of uncooperative tax havens in the light of their commitments to implement the OECD standards of transparency and effective exchange of information and the timetable they set for the implementation. As a result, no jurisdiction is currently listed as an unco-operative tax haven by the Committee on Fiscal Affairs.


>> Visit the website of the Global Forum on Transparency and Exchange of Information for Tax Purposes for more information: www.oecd.org/tax/transparency

 

Related Documents

 

Tax Co-operation 2010: Towards a Level Playing Field - Assessment by the Global Forum on Transparency and Exchange of Information

Global Forum delivers global report card

Overview on OECD work on Harmful Tax Practices

Countering Offshore Tax Evasion: The Role of the OECD

35 Jurisdictions Committed to Improving Transparency and Establishing Effective Exchange of Information in Tax Matters

Tax Information Exchange Agreements (TIEAS)

Agreement on Exchange of Information on Tax Matters