Global Forum on Transparency and Exchange of Information for Tax Purposes : Armenia 2024 (Second Round, Phase 1).

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

Tax administration and procedure.

Beneficial ownership.

Physical Description:

1 online resource (124 pages)

Edition:

1st ed.

Other Title:

Global Forum on Transparency and Exchange of Information for Tax Purposes

Place of Publication:

Paris : Organization for Economic Cooperation & Development, 2024.

Summary:

This report, prepared by the Global Forum on Transparency and Exchange of Information for Tax Purposes, evaluates Armenia’s compliance with international standards for the exchange of information on tax matters. It examines the legal framework, regulatory practices, and practical implementation of the Exchange of Information on Request (EOIR) standard. The analysis includes aspects such as the availability of beneficial ownership information, accounting records, and banking data, as well as the mechanisms used by Armenia to provide and request such information effectively. The report also considers the compliance of Armenia’s practices with related international frameworks, such as the Financial Action Task Force (FATF) standards. Recommendations for improvement are provided to enhance Armenia’s adherence to global tax transparency standards. The intended audience includes policymakers, tax authorities, and international organizations involved in tax governance and transparency. Generated by AI.

Contents:

Table of contents

Reader’s guide

Abbreviations and acronyms

Executive summary

Summary of determinations, ratings and recommendations

Overview of Armenia

Part A: Availability of information

A.1. Legal and beneficial ownership and identity information

A.2. Accounting records

A.3. Banking information

Part B: Access to information

B.1. Competent Authority’s ability to obtain and provide information

B.2. Notification requirements, rights and safeguards

Part C: Exchange of information

C.1. Exchange of information mechanisms

C.2. Exchange of information mechanisms with all relevant partners

C.3. Confidentiality

C.4. Rights and safeguards of taxpayers and third parties

C.5. Requesting and providing information in an effective manner

Annex 1. List of in-text recommendations

Annex 2. List of Armenia’s EOI mechanisms

Annex 3. Methodology for the review

Annex 4. Armenia’s response to the review report Generated by AI.

Notes:

Description based on publisher supplied metadata and other sources.

Part of the metadata in this record was created by AI, based on the text of the resource.

ISBN:

92-64-89291-5

OCLC:

1460463952