Guernsey’s Chief Minister signed a Tax Information Exchange Agreement with his Gibraltar counterpart, on October 22, 2013.

The agreement demonstrates that post-G8 Guernsey has maintained its momentum on greater tax transparency. The agreement was concluded with the Slovakian Ambassador, at the Slovakian Embassy in London. The two agreements were signed just a fortnight after Guernsey’s Commerce & Employment Minister signed two partial Double Taxation Agreements with Poland, an influential EU Member State. Guernsey has been engaged in concluding tax information exchange agreements that raise the level of transparency in its tax system to standards set out by the OECD.