British territories sign landmark tax disclosure deals
Business news 03 May 2013
All British overseas territories with major financial centres have now signed agreements on disclosing tax information, the Government has announced.
The British Virgin Islands, the Cayman Islands, Anguilla, Bermuda, Montserrat and the Turks and Caicos Islands have agreed to the automatic exchange of information with the UK authorities, together with those in France, Spain, Germany and Italy.
The news follows the recent announcement of similar disclosure agreements between the UK and Jersey, Guernsey and the Isle of Man.