Guernsey has published the Income Tax (Guernsey) (Approval of Agreement with San Marino) Ordinance, 2018, which entered into force on 7 June 2018 and provides for the ratification of the pending protocol to the 2010 tax information exchange agreement with San Marino. The protocol, signed on 19 December 2017 by Guernsey and 14 December 2017 by San Marino, amends Article 12 (No Prejudicial or Restrictive Measures) so that the provisions will apply as long as any agreement relating to the exchange of information between the competent authorities is in force and effective, and not just the TIEA itself. The protocol...