Fighting tax evasion: EU and Monaco sign new tax transparency agreement
date: 18/07/2016
The EU and Monaco have signed a new tax transparency agreement, under which they will automatically exchange information on the financial accounts of each other's residents from 2018.
This will ensure that both sides are better equipped to detect and pursue tax evaders, who will no longer be able to hide income and assets in financial institutions abroad. For more information see the press release and our web page on administrative cooperation.