Automatic information exchange
This indicator assesses whether a country has signed the Multilateral Competent Authority Agreement (MCAA) which provides the legal framework to engage in automatic exchange of information. and in what year it has committed to begin the exchange information. Automatic exchange of information involves the source country sharing relevant taxpayer information with the residence country. A score of 1 is given if a country has signed the MCAA and committed to start exchanging information in 2017. A 0.5 score is given if a country has signed the MCAA and committed to start exchanging information in 2018. A 0.25 credit is given if a country has not yet signed the MCAA but has committed to start exchanging