Monaco has signed another tax agreement, this time with The Republic of San Marino, allowing exchange of tax information.

The treaty was signed at the end of July in Rome between Philippe Blanchi, Monaco's Ambassador to San Marino, and Barbara Para, Ambassador of San Marino in Italy.

This is the 3rd agreement the Principality has signed. The first was with Belgium (see our story) and most recently a treaty was signed with Luxembourg, which also avoids double taxation. Negotiations are currently taking place with other states.