On 4 November 2020, Guernsey published the ordinance for the ratification of the pending protocols to three tax agreements with Finland. These include the protocols to the 2008 income tax treaty for individuals, the 2008 income tax treaty for international shipping, and the 2008 agreement on Mutual Agreement Procedures.
The protocols were signed on 3 April 2020 by Guernsey and 23 April 2020 by Finland. They are the first to amend the agreements and include updates based on the OECD BEPS stan…