A competent authority arrangement concerning the 2009 tax information exchange agreement between Guernsey and New Zealand was signed by Guernsey on 18 August 2015 and by New Zealand on 26 August 2015. The arrangement is effective 26 August 2015. The following is the text of the arrangement. --- The Competent Authorities of New Zealand and Guernsey have reached an understanding on the interpretation of Articles 9 and 12 of the Agreement as follows: Salaries, wages and other similar remuneration For the purposes of interpretation of Article 9 of the Agreement, the Competent Authorities have reached the common understanding that the...