On the Deposit of the Instrument of Acceptance of the “Convention on Mutual Administrative Assistance in Tax Matters” and the “Protocol amending the Convention on Mutual Administrative Assistance in Tax Matters”

July 1, 2013
Japanese

    1. On June 28 (same date local time), the Government of Japan deposited the Instrument of Acceptance on the “Convention on Mutual Administrative Assistance in Tax Matters” (hereinafter referred to as “the Convention”) and the “Protocol amending the Convention on Mutual Administrative Assistance in Tax Matters” (hereinafter referred to as “the Amending Protocol”) to Secretary-General of the Organisation for Economic Co-operation and Development (OECD).
    2. With the deposition of the instrument, the Convention and the Amending Protocol (hereinafter referred to as “the Conventions”) will become effective for Japan from October 1, 2013.
    3. With the conclusion of the Conventions, it becomes possible to mutually provide administrative supports concerning tax matters between tax authorities of the States Parties (exchange of information concerning tax matters, mutual assistance in recovery of tax claims, and mutual assistance in service of documents on taxes) and also to deal with international tax evasion and avoidance in an appropriate manner.

* The foregoing is a provisional translation. The date indicated above denotes the date of issue of the original press release in Japanese.