Taiwan (TW)

Jurisdiction Overview

IDQuestionAnswer
377 *CRS Additional Conditions: Has the jurisdiction imposed additional conditions to engage in AEOI (beyond those required by the MCAA) such as amnesty programs, market access, etc.? No
 Data Date: 2019

Notes

 
According to Taiwan Ministry of Finance: "1. Since there have been foreign political issues preventing Taiwan from joining the Multilateral Convention on Mutual Assistance in Tax Matters (MAC), Taiwan does not sign the Multilateral Competent Authority Agreement (MCAA). 2. When Taiwan negotiates Bilateral Competent Authority Arrangements (BCAAs) on the Automatic Exchange of Financial Account Information with its treaty partners, it follows the provisions provided under the OECD model BCAA. Taiwan has never imposed additional conditions to engage in AEOI such as amnesty programs, market access, etc. " (Communication with Taiwan Ministry of Finance, 27.12.2019).

Sources

Communication with Taiwan Ministry of Finance, 27.12.2019