A tax information exchange agreement (TIEA) has signed between Romania and Jersey at the Romanian Embassy in London on December 1, 2014.
The signing of the agreement will strengthen the relationship between Jersey and Romania. Both are members of the Early Adopters Group for the implementation of the new global standard on automatic exchange of information and both are party to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
The tax information exchange agreement will come into force once the parties have completed their respective domestic procedures for ratification.
