On 7 May 2015, officials from Germany and Jersey signed a tax treaty which is limited to certain items of income. The treaty replaces the agreement signed in 2008. It covers the tax treatment of income in regard to pensions and annuities, students or business apprentices, and associated parties, and provides mutual agreement procedures.
The treaty will enter into force once the ratification instruments are exchanged and will apply for tax periods beginning on or after 29 August 2014.