TaxPersonal TaxBermuda signs eight new tax exchange pacts

Bermuda signs eight new tax exchange pacts

British Crown dependency takes TIEA tally to eleven

Bermuda has signed eight new tax information exchange agreements (TIEAs),
bringing its total to 11.

In addition to existing agreements with Australia, the UK and the US,
Denmark, Sweden, Finland, Greenland, Iceland, Norway, the Faroe Islands and New
Zealand have now all entered into agreements with Bermuda.

Jeffrey Owens, director of the OECD’s centre for tax policy and
administration, said the jurisdiction is an important financial centre that has
played a constructive role in developing OECD standards.

‘I am very pleased that Bermuda has taken another significant step in
implementing the standards. I know that it is determined to implement the
standards fully and that other agreements will follow shortly,’ he said.

Further Reading:

Tax
havens defend deals ahead of G20

Gibraltar
signs tax information agreement with US

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

1d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter