The Nordic countries have signed an information-exchange agreement with Andorra about tax affairs. The deal is part of a Nordic Council of Ministers’ project and an international campaign to combat tax evasion.
The Nordic Region has signed another agreement to combat tax avoidance. This time with Andorra.
The new agreement means that the Nordic countries and Andorra will have joint insight into the financial affairs of people who seek to avoid paying tax on income and/or capital. It will also make it easier to expose assets and income in home countries.
It is the twelfth such agreement signed by Andorra, which moves the country up the “white list”, i.e. the list of countries that comply with the OECD standards for transparency and information exchange on tax affairs.
The agreement was signed on 24 February 2010 at a ceremony at the Swedish Embassy in Paris.
Torsten Fensby, Project Manager, Nordic Council of Ministers. Tel. +33678251289