Making Dispute Resolution Mechanisms More Effective – Consolidated Information on Mutual Agreement Procedures 2023

Monaco

Recent developments relating to MAP in Monaco prior to 15 August 2023

Developments relating to MAP in the tax treaty network

• Work in progress to bring the remaining treaties in line with the Action 14 Minimum Standard.

Other developments relating to MAP

• No developments were reported

Latest Action 14 Peer Review report

24 January 2022 - https://doi.org/10.1787/2d772d4f-en

Tax treaty network of Monaco

• 12 treaties, applicable to 12 jurisdictions (covering all treaties signed, although not necessarily in force)

• status of MLI: in force.

Table 1. State of play of Monaco's tax treaty network

Treaties in line with the Action 14 Minimum Standard following MLI impact	Treaties where actions are ongoing to make them in line with the Action 14 Minimum Standard	Following impact/actions, remaining treaties that are not in line with Action 14 Minimum Standard
7	5	0

Source: OECD

Monaco's MAP programme

Organisation of competent authority function

• 10 persons:

  • three heads of unit

  • four persons working on MAP cases (all of which work on other tasks as well).

• contact persons for MAP requests:

  • Département des Finances et de l'Economie Ministère d'État Place de la Visitation MC 98000 MONACO Téléphone : ([phone].

Figure 1. Competent Authority Organisational Structure

Source: OECD

Table 2. Guidance on the MAP process

MAP guidance	Notice sur la procédure amiable, 11 July 2019	https://www.gouv.mc/content/download/464814/5299509/file/2019-07-11%20Notice%20sur%20la%20Proc%C3%A9dure%20Amiable%20v11.pdf (Section VI to be referred to for form and content of a MAP request, including information requirements)
MAP profile	17 May 2019	https://www.oecd.org/tax/dispute/monaco-dispute-resolution-profile.pdf

Overview of Monaco's MAP Statistics for 2022

Monaco did not report any MAP cases in its 2022 MAP Statistics.

Please refer to https://www.oecd.org/tax/dispute/map-statistics-monaco.pdf for details with respect to Monaco's MAP Statistics.