States Of Guernsey To Sign Nordic Tax Agreements

States Of Guernsey To Sign Nordic Tax Agreements, by Jason Gorringe, Tax-News.com, London In an announcement on Friday, the States of Guernsey confirmed that it is to sign a package of tax agreements with seven Nordic countries later this year. Chief Minister Deputy Lyndon Trott will sign the four separate agreements, including Tax Information Exchange Agreements (known as ‘TIEA’s) with Denmark, Finland, Greenland, Iceland, Norway, Sweden and the Faroe Islands in Helsinki, Finland, in October. Jersey will sign similar agreements at the same time. The Isle of Man already has these agreements in place. The related agreements will provide relief from double taxation in a number of specific areas. Double tax agreements open up countries to doing business with Guernsey because they would no longer be required to pay tax twice.... [read full story]