RELATIONS WITH THE OECD AND INTERNATIONAL TAXATION

The Ministry of Finance and Budget is at the forefront of efforts to allow the Republic of San Marino to comply with the international tax standards proposed and updated by the Organisation for Economic Co-operation and Development (OECD).

Indeed, San Marino resources are coordinated by the Department of Finance and Budget, through a constant dialogue with OECD counterparts, in order to facilitate the maintenance of the country's reputation in a process focused on transparency and international cooperation.
 
SAN MARINO ALIGNMENT PROCESS

Since 2008, San Marino has been engaged in a process of transparency and international cooperation.

Over the years, a number of actions and measures have been taken in the field of exchange of information in tax matters. Indeed, since April 2009, the Republic of San Marino has signed a significant number of Tax Information Exchange Agreements (TIEAs) and Double Taxation Agreements (DTAs) with numerous countries and jurisdictions in accordance with the new standards of the Organisation for Economic Co-operation and Development (OECD).

Thanks to these important steps, on 23 September 2009 San Marino was included in the OECD White List, positioning itself among the virtuous countries that have met the highest standards of transparency and international cooperation, demonstrating its commitment to adopting best practices.

The Ministry of Finance and Budget is fully aware of the fundamental steps undertaken that have improved San Marino's reputation on the international scene. It intends to continue to make efforts at the operational level, so that San Marino economic system can remain aligned with the commitments undertaken with the OECD.