On 4 June 2015, Gibraltar ratified the pending protocol to the tax information exchange agreement with Guernsey. The protocol was signed by Guernsey on 23 March 2015 and by Gibraltar on 6 April 2015. It adds Article 5A (Automatic Exchange of Information) and Article 5B (Spontaneous Exchange of Information), and amends Article 11 (Mutual Agreement and Arbitration Procedures) to reflect the addition of Articles 5A and 5B.
The protocol will enter into force once the ratification instruments are…