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guernsey signs tiea with India

By International Adviser, 21 Dec 11

Guernsey has signed a Tax Information Exchange Agreement (TIEA) with India, the 13th with a G20 member.

Guernsey has signed a Tax Information Exchange Agreement (TIEA) with India, the 13th with a G20 member.

The agreement was signed on the 20 December and is the first of a series of TIEAs the island is expected to sign over the coming days – the others being with the Seychelles and St Kitts and Nevis, taking the total number of TIEAs signed by Guernsey to 34.

It was signed by Guernsey’s chief minister, Lyndon Trott and the Indian high commissioner to the UK, Rajesh N. Prasad, at the Indian high commission in London.

“I am delighted that Guernsey is continuing to enhance its relations with the G20 nations and in particular, with India,” said Trott. “The signing of this TIEA comes only weeks after Guernsey Finance returned from promoting the Island’s finance industry in Mumbai and a year after Guernsey’s first official trade delegation to India.”
 

Tags: Guernsey

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.