Centre for Tax Policy and Administration

Nauru is Removed from OECD List of Uncooperative Tax Havens


12/12/2003 - The OECD welcomes the commitment that Nauru has made to improve transparency and establish effective exchange of information for tax matters with OECD countries by 31 December 2005. As a result of this commitment, Nauru becomes the second country to be removed from the OECD's list of uncooperative tax havens published in April 2002. 
Nauru thus joins OECD countries and more than 30 other jurisdictions in working towards implementing international standards and achieving a level playing field in the areas of transparency and international co-operation in tax matters.

Nauru will be invited to join OECD member countries and other participating countries in meetings of the OECD's Global Forum to discuss the design of standards related to its commitment. The OECD looks forward to working closely with Nauru.

Only 5 jurisdictions remain on the OECD’s list of uncooperative tax havens: Andorra, Liberia, Liechtenstein, the Marshall Islands and Monaco. The OECD hopes these jurisdictions will make similar commitments.
See the full text of Nauru’s commitment .

For further information, journalists are invited to contact Helen Fisher, OECD's Media Relations Division (tel. [33] 1 45 24 80 97).


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