Four UK-Caribbean TIEAs Enter Into Force

Four UK-Caribbean TIEAs Enter Into Force: "The UK's tax information exchange agreements with four Caribbean countries have entered into force, each of which complies with the standards laid down by the Organisation for Economic Cooperation and Development.

After a short legislative passage through the UK's parliament, initiated by the issue of International Tax Enforcement Orders on May 13, the agreements all came into force on May 19.

Signed with the Organisation of Eastern Caribbean States countries Antigua and Barbuda, St Kitts and Nevis, St Lucia and St Vincent and the Grenadines on January 18, 2010, the texts are all largely identical in wording and scope.

They apply to taxes of all kinds, and to all substantially similar or identical taxes brought in following the date of signature."

'via Blog this'