Caribbean360: Bahamas signs two new tax deals

Bahamas signs two new tax deals
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Chris Hoyos on 18/08/2011 10:10:00
 
NASSAU, Bahamas, Thursday August 18, 2011 – The Bahamas has signed two new Tax
Information Exchange Agreements (TIEAs), including one with a Caribbean country
- marking the first time the Bahamas has ever entered such a deal with a
regional state.
Acting Prime Minister and Minister of Foreign Affairs Brent Symonette recently
signed the TIEAs with the Guernsey, one of the Channel Islands group of British
Crown dependencies; and Aruba, a Caribbean territory of the Netherlands.
Aruba is the first Caribbean jurisdiction with which the Bahamas has signed a
TIEA.
The TIEA with Guernsey also marks the first time that the Bahamas will have an
agreement with a Crown dependency of the United Kingdom.
The Bahamas now has a total of 27 TIEAs which are signed to establish exchange
of information for tax purposes. Click here to receive free news bulletins via
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