CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Jersey Finance Welcomes New Tax Pacts

Jersey Finance Welcomes New Tax Pacts

by Jason Gorringe, Tax-News.com, London

13 December 2011


Jersey Finance, the promotional agency for the island’s financial services industry, has welcomed the signing of two tax cooperation agreements with Japan and Poland and the commencement of negotiations with Hong Kong towards a double tax avoidance pact.

Two newly-signed tax information exchange agreements with Japan and Poland bring the number of treaties signed by Jersey with G20 nations to 14. Negotiations with a further three nations have been completed and texts are ready to be signed. Jersey has also signed tax information exchange pacts with 13 member states of the European Union (classified as one of the G20), with many more agreements in the pipeline.

Jersey has also announced that it has received confirmation from authorities in Hong Kong that the two countries will commence negotiations towards an agreement to eliminate double taxation on bilateral trade and investment, a first between Hong Kong and a Crown Dependency.

Commenting, Geoff Cook, Jersey Finance’s Chief Executive, said: “We welcome the Jersey authorities taking active steps to sign further tax exchange agreements and to negotiate a double taxation agreement with Hong Kong since they serve to further enhance Jersey’s reputation as a well-regulated jurisdiction which is committed to international co-operation.”

TAGS: tax | investment | offshore confidentiality | tax information exchange agreement (TIEA) | double tax agreement (DTA) | international financial centres (IFC) | Jersey | offshore | agreements | Hong Kong | Poland | G20 | standards | Japan

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »