Monaco retains top OECD rating on tax information exchange
By Zak Jackson, MonacoViews Editorial
The Principality has been awarded a 'Compliant' rating by the OECD, the highest available, confirming its standing as a fully cooperative jurisdiction on international tax standards.
For the second time, Monaco has secured a 'Compliant' rating from the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes, the body's top mark. The rating, which follows an equivalent conclusion reached in 2018, confirms that the Principality meets the full range of international standards governing the automatic and on-request exchange of tax information between countries.
The assessment matters in practical terms for anyone with financial or property interests in Monaco. A sustained 'Compliant' rating places the Principality alongside well-regarded jurisdictions rather than on watchlists that can complicate banking relationships, investment structures and cross-border transactions. It also reinforces Monaco's position in ongoing negotiations with the European Union and other multilateral partners.
The result reflects sustained work by the Principality's legal and administrative services to keep Monaco's regulatory framework aligned with evolving OECD requirements. Maintaining the rating across two successive review cycles, separated by nearly a decade, signals institutional consistency rather than a one-off effort ahead of an inspection.