EYTurkey sets effective date for Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information
|Tax Alerts, Information Reporting, Legis ...|Turkey, European Union
Turkey signed the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA or Agreement) on 21 April 2017. Turkey subsequently approved the MCAA on 31 December 2019.
According to the Agreement, the signatory countries agree to share the financial account information of the residents of the relevant country, which is collected from the financial instit…
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