Policy paper: Joint Statement for the automatic exchange of information on immovable property

The UK and 24 other jurisdictions announce our aim to implement the OECD's latest tax transparency framework for the automatic exchange of information on immovable property (real estate).

Collective engagement to exchange readily available information on immovable property

Details

The Multilateral Competent Authority Agreement on Automatic Exchange of Readily Available Information on Immovable Property (IPI MCAA) is the Organisation for Economic Co-operation and Development's (OECD) latest tax transparency framework.

It will facilitate the automatic exchange of readily available information between tax authorities on immovable property (real estate), helping to tackle offshore tax avoidance and evasion.

The UK is joining a group of jurisdictions in announcing our aim to implement the framework by 2029 or 2030.