TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Tax Information Exchange Agreement (TIEA) Process Gathers Further Momentum

Two further TIEA’s were signed this week – with Anguilla and with the Turks and Caicos Islands. Ireland now holds about 10% of all the TIEA’s in existence worldwide.

Both of these new agreements are based on an OECD model. They will allow the Revenue Commissioners to request information from their counterparts in both Anguilla and the Turks and Caicos Islands in the context of an Irish Revenue investigation, with reciprocal arrangements for the revenue authorities.

The list of Ireland’s TIEAs is as follows:

  • Cayman Islands
  • Isle of Man
  • Jersey
  • Guernsey
  • Gibraltar
  • Anguilla
  • Turks and Caicos Islands

Information exchange is also possible under the auspices of Double Taxation Agreements and certain EU instruments.