According to recent reports, the Czech Republic ratified the pending tax information exchange agreement with Belize on 29 August 2017. The agreement, signed 12 February 2016, is the first of its kind between the two countries and will enter into force after the ratification instruments are exchanged. It will apply on the date of its entry into force for criminal tax matters and for other matters for any taxable period beginning on or after 1 January of the year following its entry into force.