Netherlands Antilles Expands Treaty Network

June 21, 2008By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The Netherlands Antilles and Canada reportedly have concluded talks on a tax information exchange agreement (TIEA). Netherland Antilles State Secretary for Finance Alex Rosaria believes that the TIEA will strengthen links that date back many centuries. *”It promotes Canadian investments and will also serve as an excellent instrument to combat tax fraud, money laundering and … Read More

OECD Welcomes Tax Information Exchange Agreements

April 25, 2008By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The Organisation for Economic Cooperation and Development (OECD) said today that the two new bilateral arrangements for the exchange of information for tax purposes, between **Guernsey and the Netherlands** and between the **Isle of Man and Ireland**, bring to fourteen the number of such agreements signed since the beginning of 2007 by jurisdictions committed to … Read More

Isle of Man Ratifies Nordic Tax Agreements

March 12, 2008By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The Isle of Man Treasury today announced that Parliament has ratified the taxation agreements with the Nordic Council countries of Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden. Treasury Minister, Allan Bell MHK, signed the taxation agreements in Oslo on 30 October 2007. All eight countries have agreed to strengthen and broaden their … Read More

Global Forum on Taxation: 2007 Assessment

October 12, 2007By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The Organisation for Economic Cooperation & Development (OECD) has released the 2007 Tax Cooperation Assessment. The new publication, ***“Tax Co-operation: Towards a Level Playing Field – 2007 Assessment by the Global Forum on Taxation”***, highlights changes made over the last year in the areas of transparency and exchange of information by the 82 countries covered … Read More

Marshall Islands Removed from OECD List

August 7, 2007By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The Organisation for Economic Cooperation and Development (OECD) announced today that the Republic of the Marshall Islands has made a commitment to implement a programme to improve transparency and to establish effective exchange of information in tax matters. Consequently, the Marshall Islands becomes the second country in the past month, following Liberia, to be removed … Read More

OECD Updates Unco-operative Tax Havens List

July 24, 2007By @BahamasFSBIndustry News, International Issues, Tax Co-operation

The OECD announced today the removal of Liberia from its List of Unco-operative Tax Havens, following that country’s commitment to implement a programme to improve transparency and establish effective exchange of information in tax matters. A release from the OECD advises that Liberia joins 33 other jurisdictions that have made similar commitments in relation to … Read More

Tax Information Exchange

June 20, 2007By @BahamasFSBIndustry News, International Issues, Tax Co-operation

Finance Ministers representing the Nordic economies – Denmark, Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden – have issued a Communiqué on tax cooperation issues. Specifically, the economies have announced plans to conclude a number of tax information exchange agreements within the next few years. In addition to negotiations under way with **Aruba, the Isle … Read More