TaxCorporate TaxUK signs TIEA with the Bahamas

UK signs TIEA with the Bahamas

Bahamas becomes the latest overseas region to agree tax information exchange contracts with HMRC

The UK will be sharing tax details with the Bahamas after the Caribbean
region became the latest offshore area to sign a tax information exchange
agreement.

The TIEA was signed in Nassau yesterday by Jeremy Cresswell CVO, High
Commissioner, British High Commission in Jamaica and the Honourable Zhivargo S
Laing, the Bahamas Minister of State for Finance.

The agreement will allow the UK and The Bahamas to exchange information to
OECD and international tax standards to ensure that the right amount of tax is
paid in each country in the future. HMRC said.

The Bahamas has also signed TIEAs with the USA, San Marino and Monaco and is
negotiating TIEAs with other OECD countries, the taxman added.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

1m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

8m Emma Smith, Managing Editor
OTS report: Corporation tax should follow accounts

Corporate Tax OTS report: Corporation tax should follow accounts

10m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

11m Emma Smith, Managing Editor
Spring Budget 2017: Making Tax Digital

Business Regulation Spring Budget 2017: Making Tax Digital

1y Shereen Ali, Deputy Editor
Tax fraud loses HMRC £16bn

Corporate Tax Tax fraud loses HMRC £16bn

1y Emma Smith, Managing Editor
HMRC nets £2.6bn in corporate tax from big businesses

Corporate Tax HMRC nets £2.6bn in corporate tax from big businesses

1y Accountancy Age editorial