透明和税务信息交流全球论坛 ： 瓦努阿图 2019 （ 第二轮 ）

PEER REVIEW REPORT - SECOND ROUND - VANUATU

Reader's Guide

The Global Forum on Transparency and Exchange of Information for Tax Purposes conducts peer reviews for 150+ jurisdictions globally, focusing on implementing international standards for tax transparency and exchange of information.

Executive Summary

Vanuatu underwent a peer review regarding its Exchange of Information on Request (EOIR) in 2019, which evaluated the country's legal and regulatory framework, access to information, and information exchange mechanisms.

Overview of Vanuatu

• Legal Framework: Vanuatu's legal and regulatory framework supports the availability of information related to legal entities, beneficial ownership, and accounting records.
• Accounting Records: Adequate regulations ensure the preservation of accounting records necessary for tax purposes.
• Banking Information: Vanuatu facilitates the exchange of banking information under certain conditions.

Part A: Availability of Information

• Legal and Beneficial Ownership: Information on beneficial ownership is generally accessible through legal frameworks.
• Accounting Records: Compliance with record-keeping regulations ensures the availability of detailed financial records.
• Banking Information: Regulations allow for the exchange of banking information under specific circumstances.

Part B: Access to Information

• Competent Authority: Vanuatu’s competent authority is able to obtain and provide information as required by international agreements.
• Notification Requirements: Clear notification processes are in place for information requests.
• Rights and Safeguards: Adequate protections are offered to taxpayers and third parties involved in information exchanges.

Part C: Exchanging Information

• Exchange Mechanisms: Vanuatu employs established mechanisms for exchanging information on request.
• Exchange with Partners: Information exchange occurs with relevant partners, aligning with international standards.
• Confidentiality: Strong measures are in place to protect the confidentiality of exchanged information.
• Taxpayer Rights and Safeguards: Taxpayers' rights and third-party interests are safeguarded during information exchanges.
• Efficient Information Handling: Processes are in place to handle information requests effectively.

Methodology

The assessment methodology evaluates the legal and regulatory framework, practical implementation, and compliance with the 2016 Terms of Reference, covering 10 essential elements categorized into availability of information, access to information, and information exchange.

Vanuatu's Response

Vanuatu's response to the review report outlines actions taken to address any recommendations for improvements and enhance compliance with the international standards for exchange of information on request.

Conclusion

Vanuatu demonstrates a robust framework for managing information exchange for tax purposes, with clear mechanisms for accessing and providing information, ensuring confidentiality, and protecting taxpayer rights. However, continuous efforts are needed to further refine the legal framework and operational procedures to fully meet international standards.