Jersey signs tax agreement with UK

Jersey will join other UK crown dependencies when the island's chief minister Terry Le Suer and the UK's financial secretary Stephen Timms signs the bi-lateral agreement. Under the TIEA, offshore territories agree to cooperate on tax matters by exchanging and requesting tax information. Timms says: "Exchange of information and transparency between countries and territories is vital in combating tax avoidance and evasion." He believes Jersey's move to sign the TIEA is "a crucial step in the right direction". "More countries and territories must now follow Jersey's example. In coming ...