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Exchange of information agreement between United Kingdom and Bermuda – ratified and details

11 August 2008

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Treaty Development

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Bermuda-United Kingdom

The International Tax Enforcement (Bermuda) Order 2008, SI 2008/1789 was made on 9 July 2008, and subsequently approved by resolution of the House of Commons. The Order brings into effect the arrangements specified in the tax information exchange agreement (the TIEA) between the United Kingdom and Bermuda. Scope The TIEA covers taxes of every kind and description imposed in the United Kingdom and Bermuda, as well as any subsequent identical or similar taxes. The competent authorities are required to provide assistance through the exchange of information relevant to administering or enforcing the domestic law in respect of the taxes covered....