Apr 7, 20100

Australia Signs Eight Tax Agreements

Categories: International Tax Cooperation, Taxation in Australia, Taxation in Bahamas, Taxation in Cayman Islands, Taxation in Monaco, Taxation in Turks & Caicos Islands

The Australian Government has signed eight new bilateral Tax Information Exchange Agreements (TIEA) in a concentrated effort to enhance global tax transparency and reduce offshore tax evasion. On April 6th-7th Senator Nick Sherry, Assistant Treasurer of Australia, announced the signing of TIEA agreements with The Cayman Islands, The Bahamas, Belize, Dominica, Grenada, Saint Lucia, Monaco, [...]

The Australian Government has signed eight new bilateral Tax Information Exchange Agreements (TIEA) in a concentrated effort to enhance global tax transparency and reduce offshore tax evasion. On April 6th-7th Senator Nick Sherry, Assistant Treasurer of Australia, announced the signing of TIEA agreements with The Cayman Islands, The Bahamas, Belize, Dominica, Grenada, Saint Lucia, Monaco, and the Turks and Caicos Islands. With the signing ceremonies complete, the TIEAs will be implemented upon the completion of legal ratification by both signatories. The new agreements ... Read More

Mar 11, 20100

Bahamas Out of Grey List

Categories: International Tax Cooperation, Offshore Banking, Offshore Taxation, Tax Havens, Taxation in Bahamas

The Commonwealth of the Bahamas has signed 7 more Tax Information Exchange Agreements (TIEA), bringing its total to 18, enough to be raised from the Organization for Economic Development and Cooperation’s (OECD) Grey List of nations. On March 10th the OECD announced that the Bahamas, a small Caribbean island nation previously regarded as a tax [...]

The Commonwealth of the Bahamas has signed 7 more Tax Information Exchange Agreements (TIEA), bringing its total to 18, enough to be raised from the Organization for Economic Development and Cooperation’s (OECD) Grey List of nations. On March 10th the OECD announced that the Bahamas, a small Caribbean island nation previously regarded as a tax haven and offshore banking center, has entered into TIEAs with Denmark, Finland, Greenland, Iceland, Norway, Sweden and the Faroe Islands. Having passed the OECD threshold of 12 implemented ... Read More