Guernsey signs tax exchange deal with Switzerland and Hungary

Related Stories

New tax agreements show "a commitment to tax transparency" for Guernsey, the chief minister has said.

Deputy Peter Harwood signed tax information exchange agreements (TIEA) with Switzerland and Hungary on Wednesday.

The agreement allows for information on bank accounts relating to a criminal or civil tax investigation to be shared.

Guernsey has signed 46 TIEAs with countries around the world, including 16 G20 members.

Deputy Harwood said: "Guernsey's relationship with Switzerland is of great value and we have much in common as finance centres outside of - but working with - the European Union.

"I am delighted to be able to sign this agreement, not only because it acts as another indicator of Guernsey's commitment to tax transparency, but also because Switzerland is a country of significance for our industry."

More on This Story

Related Stories

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

BBC Guernsey


Guernsey Airport

15 °C 14 °C


  • Baby being handed overFraught world

    The legal confusion over UK surrogate births

  • Bad resultsBlame game

    The best excuses to use when exam results don't make the grade

  • Welsh flagDragon's den

    Why Wales will make its own mind up on independence

  • BKS IyengarFlexible guru

    The man who helped bring yoga to the West

  • Police respond to a shooting in Santa MonicaTrigger decision

    What really happens before a police officer fires his gun?

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.