On 15 January 2016, Switzerland and Guernsey signed a joint declaration on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis.
Identical declarations have been signed with Switzerland by Jersey and the Isle of Man. The declaration reflects the firm commitment by the Swiss and the governments of the Crown Dependencies to the collection and exchange of information in tax matters in accordance with the global AEOI standard (“the Common Reporting Standard”).
The first exchange of information between Guernsey and Switzerland on a reciprocal basis will occur in 2018. The declaration specifies that each jurisdiction is satisfied with the confidentiality rules provided for in the other jurisdiction with regard to tax.Back to News
Cyprus Self-Managed Alternative Investment Funds with Limited Number of Persons (AIFLNP) - Compliance Calendar Have you ever been in a situation where although you have the competency to perform a task you are unsure what the totality of the task might be? This situation can arise when numerous regulatory requirements are imposed on an organisation and further exacerbated by the almost exponential increase in the velocity of change of these requirements.Read more