Jersey has signed a Tax Information Exchange Agreement (TIEA) with Ireland, following deals signed between France and the UK earlier this month.
The jurisdiction is also close to finalising agreements with Australia and New Zealand as well as being in discussions with other members of the Organisation for Economic Co-operation and Development (OECD). Geoff Cook, chief executive of Jersey Finance, says establishing an appropriate balance between transparency in cases of illegal behaviour and protecting the privacy of legitimate activities is crucial for its long term stability and success. He adds creating a "level playing field" between jurisdictions is vital. Jersey has welcomed the recent news Singapore, Hong Kong, Switzerla...
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