The Netherlands and Monaco will exchange fiscal information

The State Secretary of Finance, Jan Kees de Jager, has signed a treaty with Monaco for the exchange of fiscal information.

He signed the treaty in The Hague on 11 January, together with Frank Biancheri, the Minister plenipotentiary of Foreign Affairs and International & Financial Affairs of Monaco. The treaty is in line with Mr De Jager’s intensive tackling of persons who have not declared their savings.

The treaty provides that both countries will exchange information in tax affairs on request. Thus the dodging of taxes can be combated. The treaty will come into force after it has been adopted by the parliaments of both countries.

State Secretary De Jager has continuously urged for more international transparency and the exchange of data at various international occasions (G20, OECD, EU). In addition, a large number of treaties on the exchange of information were signed in 2009. In the near future, treaties will be signed with Belize and Gibraltar. In addition, negotiations are being held with, inter alia, San Marino, Grenada, Dominica, Costa Rica and Panama.