Tax Information Agreements (Guernsey and Jersey)

David Gauke Excerpts

Wednesday 23rd October 2013 Written Statements

[The Exchequer Secretary to the Treasury (Mr David Gauke)]

Exchange of letters amending the 2009 tax information exchange agreements (TIEAs) with Guernsey and Jersey were signed on 22 October 2013 to permit automatic and spontaneous exchanges of information. At the same time agreements were also signed to improve international tax compliance which set out the precise details of the information which will be automatically exchanged. The texts of the agreements to improve international tax compliance have been deposited in the Libraries of both Houses and will be made available on HM Revenue and Customs’ website. The texts amending the tax information exchange agreements will be scheduled to draft Orders in Council and laid before the House of Commons in due course.