Jersey Finance has welcomed the signing of the latest Tax Information Exchange Agreement (TIEA) by the Jersey authorities with Italy.

Geoff Cook, Chief Executive, Jersey Finance Limited, commented:

‘Jersey’s government has now signed agreements with more than half of the 27 EU Member States and is well advanced in negotiating agreements with the majority of the remainder. This new TIEA with Italy, and those others in progress, are welcomed by industry as they pave the way for stronger commercial ties with all countries within the EU and also demonstrate Jersey’s on-going commitment to international standards.’

The agreement with Italy will be signed Tuesday (March 13) at the Italian Embassy in London by Assistant Chief Minister with responsibility for external affairs, Senator Sir Philip Bailhache and His Excellency Alain Giorgio Maria Economides, Italy’s Ambassador to the UK.