Jersey has signed tax information exchange agreements with Turkey and Mexico, adding to the list of jurisdictions with which it has tax relations compliant with the Organisation for Economic Co-operation and Development model.

“The finance industry is fully supportive of the series of TIEAs signed by the Jersey authorities, a programme that is set to continue. Including these two latest agreements, both of which are with G20 nations, Jersey has now signed a total of 19 TIEAs,” said Jersey Finance, the promotional agency for the island’s financial services industry.

“The agreements emphasise Jersey’s commitment to meeting international tax standards of transparency and information exchange and demonstrate Jersey’s willingness to participate in global initiatives designed to strengthen the financial services system and combat fiscal crime.”