Global Forum on Transparency and Exchange of Information for Tax Purposes: Peer Reviews Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Monaco 2010 Phase 1

The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 90 jurisdictions which participate in the work of the Global Forum on an equal footing. The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes. These standards are primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commen. Read more... ""Table of Contents"" ""About the Global Forum"" ""Executive Summary"" ""Introduction"" ""Information and methodology used for the peer review of Monaco"" ""Overview of Monaco"" ""Recent developments"" ""Compliance with the Standards"" ""A. Availability of Information"" ""Overview"" ""A.1. Ownership and identity information"" ""A.2. Accounting records"" ""A.3. Banking information"" ""B. Access to Information"" ""Overview"" ""B.1. Ability of the competent authority to obtain and provide information"" ""B.2. Requirements regarding notification, rights and safeguards"" ""C. Exchanging Information""""Overview"" ""C.1. Exchange of information mechanisms"" ""C.2. Mechanisms for exchanging information with all relevant partners"" ""C.3. Confidentiality"" ""C.4. Rights and safeguards of taxpayers and third parties"" ""C.5. Speed of response to requests for information"" ""Summary of Determinations and Factors Underlying Recommendations"" ""Annex 1: Jurisdiction�s Response to the Review Report*"" ""Annex 2: List of All Exchange-of-Information Mechanisms in Force"" ""Annex 3: List of All Laws, Regulations and Other Material Received"" ""International treaties""""Codes"" ""Tax legislation"" ""International tax co-operation legislation"" ""Companies legislation"" ""Anti-money laundering legislation"" ""Trusts legislation"" ""Foundations legislation"" The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 90 jurisdictions which participate in the work of the Global Forum on an equal footing. This report summarises the legal and regulatory framework for transparency and exchange of information in the Republic of Botswana