Common Contracts
1 similar Competent Authority Agreement contracts
COMPETENT AUTHORITY AGREEMENTCompetent Authority Agreement • October 10th, 2016
On November 28, 2013, the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the British Virgin Islands signed an intergovernmental agreement (“IGA”) entitled “Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the British Virgin Islands to Improve International Tax Compliance.” The IGA requires, in particular, the exchange of certain information with respect to United Kingdom Reportable Accounts on an automatic basis, pursuant to the provisions of Article 5A of the 2008 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the British Virgin Islands for the exchange of information relating to tax matters (the “TIEA”).
