Jersey Finance welcomes the signing of the Tax Information Exchange Agreement (TIEA) with Portugal.

The industry continues to support the on-going series of TIEAs signed by the Jersey authorities, which helps to reinforce the high standards of Jersey’s finance industry and signal Jersey’s continuing participation in global initiatives designed to strengthen the financial services system and combat fiscal crime.
 
Jersey has already signed agreements with many leading Western countries including the UK, USA, France, Germany and the Netherlands, and we welcome further additions to that list. Portugal is the eighth member state of the EU where Jersey has a TIEA in place and more are planned. Such agreements also help to pave the way in gaining greater market access with some EU countries.

Jersey Finance TVHeather Bestwick, Technical Director, Jersey Finance, discusses the impact of the TIEA recently signed with Portugal.