On 11 December 2013, Jersey ratified the Jersey – Switzerland Tax information Exchange Agreement (TIEA). Jersey signed the TIEA with Switzerland on September 16, 2013.
This is Jersey’s 32nd TIEA meeting the OECD tax standards on transparency and information exchange and the 25th such agreement Jersey has signed with an OECD country. These agreements permitting the exchange of tax information between tax authorities are seen by the OECD as an important tool in the fight against artificial tax avoidance and tax evasion.
