Guernsey and Singapore sign double taxation agreement

Related Stories

Guernsey's government has signed a tax exchange agreement with the Republic of Singapore.

The deal will help businesses and individuals in Guernsey with links to Singapore to avoid having to pay taxes in both places.

It is the 15th double taxation agreement the island has signed.

Fiona Le Poidevin, Chief Executive of Guernsey Finance, said the agreement demonstrates the island's commitment to the global community.

She said signing the double taxation agreement with Singapore was a very positive development for the future of Guernsey's finance industry.

Ms Poidevin said it offers significant potential for expanding financial services between the two jurisdictions.

Guernsey has signed a total of 15 Double Tax Agreements as well as 40 Tax Information Exchange Agreements, most recently with Brazil.

More on This Story

Related Stories

From other news sites

* May require registration or subscription

The BBC is not responsible for the content of external Internet sites

BBC Guernsey

Weather

Guernsey Airport

20 °C 16 °C

Features

  • Cesc FabregasFair price?

    Have some football clubs overpaid for their new players?


  • Woman and hairdryerBlow back

    Would banning high-power appliances actually save energy?


  • Members of staff at James Stevenson Flags hold a Union Jack and Saltire flag UK minus Scotland

    Does the rest of the UK care if the Scots become independent?


  • Women doing ice bucket challengeChill factor

    How much has the Ice Bucket Challenge achieved?


  • Women in front of Windows XP posterUpgrade angst

    Readers share their experiences of replacing their operating system


BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.