EU tax authorities have gained the right to access data collected by other states under anti-money laundering legislation, following the entry into force of new rules on January 1.
Under the Directive on Administrative Cooperation, authorities with anti-money laundering responsibilities in any EU member state will be required to automatically share certain information.
This will mean that national tax authorities will obtain direct access to information on the beneficial owners of companies, trusts, and other entities, along with information on bank account balances, interest income, and dividends. They will also have access to the customer due diligence records kept by companies.
EU Tax Commissioner Pierre Moscovici said: "We want to give tax authorities crucial information on the individuals behind any company or trust. This is essential for them to be able to identify and clamp down on tax evaders."
"To do this, tax authorities will now have access to anti-money laundering information."
The new rules were originally agreed to by the European Council in December 2016.
Jordan's Minister of Planning and International Cooperation met with Luxembourg's Finance Minister to discuss enhanced cooperation between the two countries in a number of areas and agreed to seek to conclude a DTA.
Uzbekistan and Lithuania are to engage in talks towards a DTA, Uzbekistan's state news agency reported May 9, 2018.
Two Georgian committees approved the text of a DTA with Saudi Arabia and forwarded it for ratification, according to a May 17 announcement on the Georgian parliament's website.
Hong Kong gazetted an order to ratify its DTA with Saudi Arabia on May 18, 2018.
Talks are continuing on a DTA between Turkey and Afghanistan, according to a statement released by Turkey's Ministry of the Interior on May 11, 2018.
A new DTA between Finland and Spain will enter into force in January 2019, according to a May 18, 2018, announcement from the Finnish tax authority.
Andorra and Cyprus have signed a DTA, Andorra's Government announced on May 18, 2018.
Singapore and Brazil signed a DTA on May 7, 2018.
A DTA between Morocco and the Congo was signed on April 30, 2018.
The Mauritius Revenue Authority on March 19, 2018, published Government Notice No. 36 of 2018, confirming the entry into force of a Protocol updating its DTA with Barbados.
Legislation allowing for a DTA between the Netherlands and Malawi was ratified on April 30, 2018.
Switzerland and Brazil signed a DTA on May 3, 2018.
Slovakia on April 27, 2018, published Notice 123/2018 confirming the entry into force of its DTA with Ethiopia.
The Indian Government on May 7, 2018, announced that the DTA Protocol signed with Kuwait entered into force on March 26, 2018. A notice was published in India's Official Gazette on May 4, 2018.
The DTA between Slovakia and Iran became effective on May 1, 2018.
A protocol to the DTA between Russia and Sweden was signed on April 24, 2018.
Serbia and San Marino signed a DTA in Belgrade on April 16, 2018.
Kyrgyzstan and the Czech Republic agreed a draft DTA during four-day talks that ended on April 19, 2018.
Malta and Ethiopia signed a DTA on April 12, 2018.
Saudi Arabia's Cabinet on April 17, 2018, authorized the Minister of Finance to sign a DTA with Latvia.
The United Kingdom on April 24, 2018, released The Double Taxation Relief and International Tax Enforcement (Kyrgyzstan) Order 2018, which would ratify the DTA signed with Kyrgyzstan.
Latvia and Costa Rica agreed on April 13, 2018, to begin negotiations towards a DTA.
Austria's Council of Ministers on April 18, 2018, authorized negotiations on a Protocol to the DTA with Uzbekistan.
A bill was tabled in Belarus's House of Representatives on April 19, 2018, to ratify the DTA signed with the United Kingdom.
The DTA between Luxembourg and Cyprus entered into force on April 24, 2018, following its publication in Luxembourg's Official Gazette on April 20, 2018.