The Isle of Man Government has published the Tax Information Exchange Agreement (TIEA) and the Country-by-Country (CbC) report exchange agreement signed by the Isle of Man on 3 December 2019 and by Anguilla on 11 December 2019.
The TIEA is the first of its kind between the two jurisdictions and provides for automatic and spontaneous exchange of information. It will enter into force 30 days after the ratification instruments are exchanged and will apply on that date for criminal tax matter…