ISLAMABAD: Federal Board of Revenue (FBR) has updated the list of jurisdictions/countries for automatic exchange of information under OECD convention and now the revenue body would able to get information of Pakistanis from 101 jurisdictions.
As per the new list Pakistan would able to obtain information from Panama and UAE under automatic exchange of information. This will help the local authorities to access bank accounts of Pakistanis maintaining in foreign banks for parking ill-gotten money abroad.
Below is the current list of intended exchange partner for automatic exchange of financial information under prevention of tax evasion and fiscal crimes. The FBR said it may be updated from time to time:
- Andorra
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Barbados
- Belgium
- Belize
- Bermuda
- Brazil
- British Virgin Island
- Brunei Darussalam
- Bulgaria
- Canada
- Cayman Island
- Chile
- China
- Colombia
- Cook Islands
- Costa Rica
- Croatia
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Dominica
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guernsey
- Hong Kong (China)
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Isle of Man
- Italy
- Japan
- Jersey
- Korea
- Kuwait
- Latvia
- Lebanon
- Liechtenstein
- Lithuania
- Luxembourg
- Macau (China)
- Malaysia
- Malta
- Marshall Islands
- Mauritius
- Mexico
- Monaco
- Montserrat
- Nauru
- Netherlands
- New Zealand
- Nigeria
- Niue
- Norway
- Panama
- Poland
- Portugal
- Qatar
- Romania
- Russia
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- San Marino
- Saudi Arabia
- Seychelles
- Singapore
- Sint Maarten
- Slovak Republic
- Slovenia
- South Africa
- Spain
- Sweden
- Switzerland
- Trinidad and Tobago
- Turkey
- Turks and Caicos Islands
- United Arab Emirates
- United Kingdom
- Uruguay
- Vanuatu
