Jersey plans to finalise agreement on TIEAs

The Jersey Taxation Society will work closely with industry working parties in the coming year to finalise a decision on tax information exchange agreements (TIEA). John Riva, president of the Jersey Taxation Society and partner at KPMG, said although there had been much discussion on TIEAs since the Organisation for Economic Co-operation and Development launched the concept in 1997, Jersey had yet to officially take action on the matter. He said it would now work closely with the government, regulator and other working parties to bring the issue to a head. Riva said: "As an industry ...