On 20 June 2007, the Netherlands and Jersey signed an agreement on the access to mutual agreement procedures in connection with the adjustment of profits of associated enterprises and the application of the Netherlands participation exemption. The agreement provides that an adjustment of profits may take place if: -   an enterprise of a Contracting State, directly or indirectly, participates in the management, control or capital of an enterprise of the other Contracting State; or -   the same persons participate, directly or indirectly, in the management, control or capital of an enterprise of a Contracting State and an enterprise...