28 January 2013
Jersey entered into tax information exchange agreements (TIEAs) with Latvia and Brazil today (28 January 2013). The Island's signatory for both agreements was the Assistant Chief Minister with responsibility for external relations, Senator Sir Philip Bailhache.
The Latvian agreement was signed at the Latvian Embassy in London by the Latvian Ambassador, His Excellency Eduards Stiprais. The Brazilian agreement was signed at the Brazilian Embassy in London by the Brazilian Ambassador, His Excellency Mr Roberto Jaguaribe.
Senator Bailhache said “We attach great importance to the signing of these TIEAs, which will help to strengthen and enhance the business relationships between our countries.
"While Jersey is not a part of the European Union, we are part of Europe and we have long pursued a good neighbour policy towards the Member States of the EU. Similarly, Jersey also attaches great importance to maintaining good relationships with the G20, of which Brazil is a member.”
These tax information exchange agreements will come into force once the parties have completed their respective domestic procedures for ratification.