Andorra

Andorra was reviewed as part of the 2017/2018 and the 2018/2019 peer reviews. This report is supplementary to those previous reports (OECD, 2019[1]) (OECD, 2018[2])

Andorre compte huit conventions fiscales en vigueur, comme l’indique sa réponse au questionnaire d’examen par les pairs. Sa convention avec Chypre est conforme au standard minimum.

Andorra has eight tax agreements in force, as reported in its response to the Peer Review questionnaire. Its agreement with Cyprus complies with the minimum standard.

This peer review covers Andorra’s implementation of the BEPS Action 5 transparency framework for the year 2018. The report has four parts, each relating to a key part of the ToR. Each part is discussed in turn. A summary of recommendations is included at the end of this report.

Andorra was first reviewed during the 2017/2018 peer review. This report is supplementary to Andorra’s 2017/2018 peer review report (OECD, 2018[1]). Since the last peer review, Andorra has introduced legislation in order to implement CbC Reporting requirements. The first filing obligation for a CbC report in Andorra applies to reporting fiscal years commencing on or after 1 January 2018.

1. Consistent with the agreed methodology this first annual peer review covers: (i) the domestic legal and administrative framework, (ii) certain aspects of the exchange of information framework as well as (iii) certain aspects of the confidentiality and appropriate use of CbC reports. Andorra does not yet have a complete legal and administrative framework in place to implement CbC Reporting and indicates that it will not apply CbC requirements for the 2016 fiscal year. CbC requirements should first apply for taxable years commencing on or after 1 January 2018.