TAX NEWS - June 2010

San Marino Tax: Signal from Italy to remove San Marino from the black list of tax havens expected

San Marino Great and General Council gave a mandate to the government to reach an agreement with Italy on June 1st. "A cooperation is necessary to make the changes in which we believe.

We expect a signal from Italy to close the deal on the automatic exchange of information on banking and to remove San Marino from the black list of tax havens of the Italian Ministry of Economy" - the Secretary of State for Finance, Pasquale Valentini, said. [June 11, 2010 – Italica news from Italy and San Marino]