On 19 December 2018, the Government of Andorra released a communication document on the interpretative criteria of the accounts excluded from the obligation to automatically report financial account information on tax matters (Link). In addition, an updated version of the Frequently Asked Questions on the automatic exchange of information (“FAQs”) has been released (Link). The purpose of the FAQs is to provide guidance on the domestic implementation of the AEOI.
More information on the exchange of information in Andorra can be found on the government’s website. This webpage has three different sections: “Exchange upon prior request”, “Automatic exchange” and “Spontaneous exchange” (Link).