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Finland and Guernsey Sign Protocols to Amend Four Tax Agreements

22 June 2020

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Treaty Development

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Finland-Guernsey

On 17 June 2020, the Government of Guernsey published amending protocols to four tax agreements with Finland. These include the following: Protocol to the 2008 income tax treaty for individuals Protocol to the 2008 income tax treaty for international shipping Protocol to the 2008 tax information exchange agreement Protocol to the 2008 agreement on Mutual Agreement Procedures The protocols were signed on 3 April 2020 by Guernsey and 23 April 2020 by Finland. They are the first to amend the agreements and include updates based on the OECD BEPS standards, including new preambles and entitlement to benefits provisions. The protocols...