Trio escape OECD 'un-cooperative' list in tax agreement frenzy

The trio of countries have been removed form the OECD's List of Unco-operative Tax Havens in light of recent political commitments, according to a statement. Liechtenstein, Monaco and Andorra have all taken steps to implement the OECD's standards on transparency and effective exchange of information, agreeing on a timetable to enforce the measures. The jurisdictions have committed to the internationally agreed tax standard, but have not yet fully implemented it, but are expected to do so "swiftly," says the OECD. Meanwhile, Bermuda and the Netherlands have signed a bilateral agreement...