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Guernsey Updates TIEA and Tax Treaty Negotiation Status

07 August 2020

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Treaty Development

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Guernsey-Colombia-Dominica-Ghana-Kenya-Malaysia-Malawi-Zambia-Bahrain-Gibraltar-Untd A Emirates-Lebanon

The Guernsey Government has published an updated version of Guernsey's policy on Tax Information Exchange Agreements (TIEAs) and Double Taxation Arrangements (DTAs), which includes the current status of TIEA and DTA negotiations. With respect to TIEAs, the policy document includes that there is currently no ongoing work. It is noted that Negotiations with Colombia, Dominica, Ghana, Kenya, and Malaysia have been suspended as they are now signatories to the Multilateral Convention, and their EOI relationship with Guernsey will be managed through that instrument. Further, TIEAs negotiated with Malawi and Zambia are not being pursued due to a lack of progress...