Samoa signs up to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters
MAAC Signing Ceremony with Mari Kiviniemi, Deputy Secretary-General of OECD and Theresa Penn, Counsellor
OECD Headquarters, Paris, France
PC: OECD/Andrew Wheeler
Samoa was one of five countries that signed up to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on 25th August 2016.
The Convention was developed jointly by the OECD and the Council of Europe in 1988 and amended in 2010 to respond to the call by the G20 to align it to the international standard on exchange of information and to open it to all countries, thus ensuring that developing countries could benefit from the new more transparent environment. Today it is the world’s leading instrument for boosting transparency and combating offshore tax evasion and avoidance.
Samoa was represented by Ms Theresa Penn, Counsellor at the Embassy of Samoa