New tax agreement with Indonesia
Tuesday 6th April 2010, 3:00PM BST.
International affairs adviser Colin Powell
JERSEY and Indonesia have approved a tax information exchange agreement.
The Island’s leading adviser on international affairs, Colin Powell, and the States director of international tax, Wendy Martin, established an agreement at the Indonesian Embassy in London last week.
The agreement will be signed by ministers at the earliest opportunity. Mr Powell said that negotiating a tax agreement with Indonesia, a G20 member, was ‘further evidence of Jersey’s support of global implementation of international standards of transparency and information exchange for tax purposes’.
He said that Jersey was currently vice-chair of the Global Forum Peer Review Group and was determined to lead by example. He added that the Island attached particular importance to entering into agreements on tax information exchange with G20 members.
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What business do we do with then anyway?
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i bought some nice batiks and some nice wood carvings when i was there. but they wouldnt believe me when i showed them the pound with a jersey cow in it, was a legal pound, so what the hell , are you lot mad????
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Matt What business do we do with then anyway?
We bartered some chickens last week
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That about sums it all up. May as well sign up a tax exchange agreement with everybody.
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