Niue

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OECD Tax Haven

Jurisdiction that have committed to the internationally agreed tax standard, but have not yet substantially implemented. Still considered to be a Tax Haven.

The internationally agreed tax standard, which was developed by the OECD in co-operation with non-OECD countries and which was endorsed by G20 Finance Ministers at their Berlin Meeting in 2004 and by the UN Committee of Experts on International Cooperation in Tax Matters at its October 2008 Meeting, requires exchange of information on request in all tax matters for the administration and enforcement of domestic tax law without regard to a domestic tax interest requirement or bank secrecy for tax purposes. It also provides for extensive safeguards to protect the confidentiality of the information exchanged.

Retrieved from “http://sanctionswiki.org/Niue” Categories: Embargoed Countries | OECD Tax Haven