On 7 July 2022, Rindra Hasimbelo RABARINIRINARISON, Minister of Economy and Finance of the Republic of Madagascar, signed the Council of Europe Convention on mutual administrative assistance in tax matters as amended by the 2010 Protocol (ETS No. 127), at the OECD headquarters in Paris.
This treaty allows the Parties, the member States of the Council of Europe and the member countries of OECD, to develop, on common foundations and respecting the basic rights of tax-payers, extensive administrative co-operation covering all compulsory taxes, with the exception of customs duty. The types of assistance are varied, covering the exchange of information between Parties, simultaneous tax examinations and participation in tax examinations carried out in other countries, the recovery of taxes due in other Parties and notification of documents issued in other Parties.
Moreover, any State wishing to accede to the Convention may tailor the extent of its obligations, by virtue of a detailed system of reservations expressly provided for in the text; it may restrict its participation to certain types of mutual assistance or to assistance in connection with certain taxes.
More information:
- Convention on mutual administrative assistance in tax matters
- European Committee on Legal Co-operation (CDCJ)
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