Tax Treaties: Other

Regional Agreements

• Andean Community (2004)
• South Asian Association for Regional Cooperation (SAARC) (2005)

Regional Agreements

A welcome trend is the formation of regional groups of developing countries that enter into multilateral tax treaties. These treaties may prove helpful in preventing tax avoidance and evasion and in assisting the member governments in the enforcement of their taxes.

Regional agreements may offer opportunities for the type of experimentation that has proved to be difficult in bilateral agreements, due to the hegemony of the OECD and UN model conventions.