Abu Dhabi: The Ministry of Finance (MoF) has announced that the UAE has signed an agreement on mutual administrative assistance in tax matters (MAC) at the headquarters of the Organisation for Economic Cooperation and Development (OECD) last week in Paris. The MAC follows the UAE’s commitment to implement international standards and requirements of the exchange of information for tax purposes, and its membership of the Global Forum on Transparency and Exchange of Information.
The MAC was signed by Maadhad Hareb Mughair Al Khaili, UAE Ambassador to the Republic of France, in the presence of Rintaro Tamaki, Deputy Secretary-General of the OECD, and representatives from MoF and OECD, a statement from Ministry of Finance said.
