Japan Engages BVI, Macau On Tax Data Sharing
by Mary Swire, Tax-News.com, Hong Kong
26 April 2013
The Japanese Ministry of Finance on April 25, 2013, announced that it had agreed, in principle, new Tax Information Exchange Agreements with the British Virgin Islands and Macau.
The agreements will provide a framework for the effective exchange of information in line with international standards, strengthening bilateral relations. Under the terms of the agreements, the BVI and Macau, and Japan will share relevant information, on request, where there is evidence of the perpetration of fiscal crime.
In making the announcement, the Ministry said the Japanese Government is determined to strengthen its tax information exchange network to contribute to efforts to tackle international tax evasion and abuse, and intends to conclude the agreements as quickly as possible. It said the agreements would be formally signed as soon as texts are finalized, and once the respective parties have completed their domestic ratification procedures, the agreements will enter into force.
To see today's news, click here.
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- complex tax rules and capricious tax inspectors »
- stockpiling paper »
- Hong Kong Business and Work Culture: All you need to know »
- prospects looking rosy »
- The Diamond Industry in UAE »
- Brexit Ramifications For Ireland »
- Easy guide to starting a home-based business in Ohio »
- unintended consequences »
- Basic Guide to Set up a Home Based Business in Hong Kong »
- Life's never simple »