Guernsey/New Zealand Tax information Exchange Agreement
Agreement between the States of Guernsey and the Government of New Zealand for the Exchange of Information with respect to taxes and the allocation of taxing rights with respect to certain income of individuals
- Preamble
- Article 1 - Taxes covered
- Article 2 - Definitions
- Article 3 - Object and Scope of the Exchange of Information
- Article 4 - Exchange of Information Upon Request
- Article 5 - Tax Examinations Abroad
- Article 6 - Possibility of Declining a Request
- Article 7 - Confidentiality
- Article 8 - Costs
- Article 9 - Government Service
- Article 10 - Students
- Article 11 - Mutual Agreement Procedure
- Article 12 - No Prejudicial or Restrictive Measures
- Article 13 - Entry into Force
- Article 14 - Termination
Preamble
Whereas the States of Guernsey and the Government of New Zealand (“the Parties”) recognise that present legislation already provides for cooperation and the exchange of information in criminal tax matters;
Whereas the Parties have long been active in international efforts in the fight against financial and other crimes, including the targeting of terrorist financing;
Whereas it is acknowledged that the States of Guernsey has the right under the terms of its Entrustment from the United Kingdom to negotiate, conclude, perform and subject to the terms of this Agreement terminate a tax information exchange agreement with the Government of New Zealand;
Whereas the States of Guernsey on 21 February 2002 entered into a political commitment to the Organisation for Economic Co-operation and Development’s principles of effective exchange of information.
Whereas the Parties wish to enhance and facilitate the terms and conditions governing the exchange of information relating to taxes;
Now, therefore, the Parties have agreed to conclude the following agreement which contains obligations on the part of the Parties only: