Tax information exchange agreements (TIEA) provide for the exchange of information on request relating to a specific criminal or civil tax investigation or civil tax matters under investigation.
A model TIEA was developed by the OECD Global Forum Working Group on Effective Exchange of Information. This exchange of information on request was supplemented by an automatic process on 29 October 2014. The automatic process is to be based on a Common Reporting Standard.
Purposes Typically, a TIEA contains the following provisions:
It provides for exchange of information that is "foreseeably relevant" to the administration and enforcement of domestic tax laws on the Contracting Parties. The information provided under TIEA is protected by confidentiality obligations. Disclosure can be made to courts or judicial forums only for the purpose of determination of the taxation matter in question. Information requested may relate to a person who is not a resident of a Contracting Party. There is an obligation on part of requested Party to gather information if it is not in its possession, notwithstanding that it does not itself need that information. Therefore, no "domestic interest" for tax purposes is required for the provision of information. Information is defined in an expansive manner to cover banking details, ownership details of companies/persons/funds/trusts etc. Apart from exchange of information, representatives of one Party may be permitted to conduct tax examinations in territory of another party including interviews of individuals and examination of records.
Bilateral agreements (by date of signature) Denmark – Guatemala (15 May 2012) Greenland – Guatemala (15 May 2012) Finland – Guatemala (15 May 2012) Iceland – Guatemala (15 May 2012) Faroe Islands – Guatemala (15 May 2012) Norway – Guatemala (15 May 2012) Sweden – Guatemala (15 May 2012) Denmark – Uruguay (14 December 2011) Faroe Islands – Uruguay (14 December 2011) Greenland – Uruguay (14 December 2011) Iceland – Uruguay (14 December 2011) Norway – Uruguay (14 December 2011) Sweden – Uruguay (14 December 2011) Iceland – Mauritius (1 December 2011) Denmark – Mauritius (1 December 2011) Faroe Islands – Mauritius (1 December 2011) Finland – Mauritius (1 December 2011) Greenland – Mauritius (1 December 2011) Norway – Mauritius (1 December 2011) Czech Republic – San Marino (25 November 2011) Greenland – Barbados (3 November 2011) Denmark – Barbados (3 November 2011) Faroe Islands – Barbados (3 November 2011) Faroe Islands – Bahrain (14 October 2011) Denmark – Bahrain (14 October 2011) Finland – Bahrain (14 October 2011) Greenland – Bahrain (14 October 2011) Iceland – Bahrain (14 October 2011) Norway – Bahrain (14 October 2011) Sweden – Bahrain (14 October 2011) The Bahamas – South Africa (14 September 2011) Bermuda – South Africa (6 September 2011) Bermuda – Argentina (22 August 2011) Czech Republic – Bermuda (15 August 2011) Australia – Liberia (11 August 2011) Aruba – The Bahamas (8 August 2011) The Bahamas – Guernsey (8 August 2011) Czech Republic – Isle of Man (18 July 2011) Australia – Macao (12 July 2011) Czech Republic – Jersey (12 July 2011) Australia – Costa Rica (1 July 2011) Sweden – Costa Rica (29 June 2011) Norway – Costa Rica (29 June 2011) Denmark – Costa Rica (29 June 2011) Finland – Costa Rica (29 June 2011) Iceland – Costa Rica (29 June 2011) Faroe Islands – Costa Rica (29 June 2011) Greenland – Costa Rica (29 June 2011) Slovenia – Isle of Man (27 June 2011) Bermuda – Indonesia (22 June 2011) Isle of Man – Indonesia (22 June 2011) Japan – Isle of Man (21 June 2011) Australia – Liechtenstein (21 June 2011) Czech Republic – British Virgin Islands (13 June 2011) Ireland – Vanuatu (31 May 2011) Grenada – Vanuatu (31 May 2011) San Marino – Vanuatu (19 May 2011) Denmark – Macau (29 April 2011) Faroe Islands – Macau (29 April 2011) Finland – Macau (29 April 2011) Greenland – Macau (29 April 2011) Iceland – Macau (29 April 2011) Norway – Macau (29 April 2011) Sweden – Macau (29 April 2011) Greenland – The Seychelles (30 March 2011) Faroe Islands – The Seychelles (30 March 2011) Iceland – The Seychelles (30 March 2011) Finland – The Seychelles (30 March 2011) Denmark – The Seychelles (30 March 2011) Norway – The Seychelles (30 March 2011) Sweden – The Seychelles (30 March 2011) Ghana – Liberia (24 February 2011) India – The Bahamas (11 February 2011) Japan – The Bahamas (27 January 2011) Sweden – Liechtenstein (29 December 2010) Denmark – Liechtenstein (29 December 2010) Faroe Islands – Liechtenstein (29 December 2010) Greenland – Liechtenstein (29 December 2010) Iceland – Liechtenstein (29 December 2010) Finland – Liechtenstein (29 December 2010) Norway – Liechtenstein (29 December 2010) Argentina – People's Republic of China (13 December 2010) Australia – Mauritius (8 December 2010) Bermuda – People's Republic of China (3 December 2010) United States – Panama (30 November 2010) Australia – Montserrat (23 November 2010) Aruba – St. Kitts and Nevis (23 November 2010) France – Belize (22 November 2010) Finland – Montserrat (22 November 2010) Norway – Montserrat (22 November 2010) Denmark – Montserrat (22 November 2010) Greenland – Montserrat (22 November 2010) Iceland – Montserrat (22 November 2010) Sweden – Montserrat (22 November 2010) Faroe Islands – Montserrat (22 November 2010) Mexico – Cook Islands (22 November 2010) Ireland – Belize (18 November 2010) Denmark – Liberia (10 November 2010) Sweden – Liberia (10 November 2010) Norway – Liberia (10 November 2010) Faroe Islands – Liberia (10 November 2010) Greenland – Liberia (10 November 2010) Iceland – Liberia (10 November 2010) Finland – Liberia (10 November 2010) United Kingdom – Aruba (5 November 2010) United Kingdom – Liberia (1 November 2010) Canada – San Marino (27 October 2010) Portugal – Belize (22 October 2010) Greenland – Vanuatu (13 October 2010) Sweden – Vanuatu (13 October 2010) Norway – Vanuatu (13 October 2010) Iceland – Vanuatu (13 October 2010) Finland – Vanuatu (13 October 2010) Faroe Islands – Vanuatu (13 October 2010) Denmark – Vanuatu (13 October 2010) India – Bermuda (7 October 2010) Germany – British Virgin Islands (5 October 2010) Portugal – British Virgin Islands (5 October 2010) Portugal – Dominica (5 October 2010) Ireland – Marshall Islands (4 October 2010) Guernsey – San Marino (29 September 2010) Norway – Marshall Islands (28 September 2010) Iceland – Marshall Islands (28 September 2010) Greenland – Marshall Islands (28 September 2010) Finland – Marshall Islands (28 September 2010) Faroe Islands – Marshall Islands (28 September 2010) Sweden – Marshall Islands (28 September 2010) Denmark – Marshall Islands (28 September 2010) Germany – Dominica (21 September 2010) Finland – Belize (15 September 2010) Norway – Belize (15 September 2010) Iceland – Belize (15 September 2010) Denmark – Belize (15 September 2010) Greenland – Belize (15 September 2010) Faroe Islands – Belize (15 September 2010) Sweden – Belize (15 September 2010) France – Cook Islands (15 September 2010) Portugal – Antigua & Barbuda (13 September 2010) United Kingdom – Netherlands Antilles (10 September 2010) Spain – San Marino (6 September 2010) Antigua and Barbuda – Aruba (1 September 2010) Mexico – Cayman Islands (28 August 2010) New Zealand – Samoa (24 August 2010) New Zealand – Marshall Islands (4 August 2010) New Zealand – Vanuatu (4 August 2010) Portugal – St. Kitts and Nevis (29 July 2010) Germany – Monaco (27 July 2010) Portugal – St. Lucia (14 July 2010) Portugal – Jersey (9 July 2010) Portugal – Isle of Man (9 July 2010) Portugal – Guernsey (9 July 2010) Canada – Dominica (29 June 2010) Canada – Cayman Islands (24 June 2010) Sweden – Monaco (23 June 2010) Iceland – Monaco (23 June 2010) Norway – Monaco (23 June 2010) Finland – Monaco (23 June 2010) Denmark – Monaco (23 June 2010) Greenland – Monaco (23 June 2010) Faroe – Monaco (23 June 2010) Canada – Saint-Lucia (18 June 2010) Canada – The Bahamas (17 June 2010) Canada – Bermuda (14 June 2010) Canada – St. Kitts and Nevis (14 June 2010) Germany – Saint Lucia (7 June 2010) Germany – Turks and Caicos Islands (4 June 2010) Germany – Cayman Islands (27 May 2010) Netherlands – Liberia (27 May 2010) Norway – Antigua and Barbuda (19 May 2010) Norway – Dominica (19 May 2010) Norway – Grenada (19 May 2010) Norway – Saint Lucia (19 May 2010) Groenland – Antigua and Barbuda (19 May 2010) Groenland – Dominica (19 May 2010) Groenland – Grenada (19 May 2010) Groenland – Saint Lucia (19 May 2010) Sweden – Grenada (19 May 2010) Sweden – Dominica (19 May 2010) Sweden – Saint Lucia (19 May 2010) Sweden – Antigua and Barbuda (19 May 2010) Iceland – Grenada (19 May 2010) Iceland – Dominica (19 May 2010) Iceland – Saint Lucia (19 May 2010) Iceland – Antigua and Barbuda (19 May 2010) Finland – Antigua and Barbuda (19 May 2010) Finland – Dominica (19 May 2010) Finland – Grenada (19 May 2010) Finland – Saint Lucia (19 May 2010) Faroe Islands – Grenada (19 May 2010) Faroe Islands – Saint Lucia (19 May 2010) Faroe Islands – Dominica (19 May 2010) Faroe Islands – Antigua and Barbuda (19 May 2010) Denmark – Grenada (19 May 2010) Denmark – Dominica (19 May 2010) Portugal – Cayman Islands (13 May 2010) Australia – Marshall Islands (12 May 2010) Aruba – Saint-Lucia (10 May 2010) Portugal – Bermuda (10 May 2010) Netherlands – Gibraltar (23 April 2010) Australia – Vanuatu (21 April 2010) Aruba – Cayman Islands (20 April 2010) France – St. Vincent and the Grenadines (13 April 2010) Germany – Bahamas (9 April 2010) Australia – Monaco (1 April 2010) France – St. Kitts and Nevis (1 April 2010) France – Saint Lucia (1 April 2010) Australia – Dominica (31 March 2010) Australia – Belize (31 March 2010) United Kingdom – Grenada (31 March 2010) United Kingdom – Dominica (31 March 2010) France – Grenada (31 March 2010) Australia – Turks and the Caicos (30 March 2010) Australia – Grenada (30 March 2010) Australia – Saint Lucia (30 March 2010) Australia – Cayman Islands (30 March 2010) Australia – Bahamas (30 March 2010) Germany – St. Vincent and the Grenadines (29 March 2010) France – Antigua and Barbuda (26 March 2010) United Kingdom – Belize (25 March 2010) Finland – St. Vincent and the Grenadines (24 March 2010) Iceland – St. Vincent and the Grenadines (24 March 2010) Sweden – St. Vincent and the Grenadines (24 March 2010) Faroe – St. Vincent and the Grenadines (24 March 2010) Norway – St. Vincent and the Grenadines (24 March 2010) Greenland – St. Vincent and the Grenadines (24 March 2010) Iceland – St Kitts and Nevis (24 March 2010) Sweden – St Kitts and Nevis (24 March 2010) Faroe – St Kitts and Nevis (24 March 2010) Norway – St Kitts and Nevis (24 March 2010) Greenland – St Kitts and Nevis (24 March 2010) Finland – St Kitts and Nevis (24 March 2010) Australia – Anguilla (20 March 2010) Germany – Anguilla (19 March 2010) Australia – St Vincent and the Grenadines (18 March 2010) Belgium – Grenada (18 March 2010) New Zealand – Dominica (16 March 2010) New Zealand – St. Vincent and the Grenadines (16 March 2010) Spain – Bahamas (11 March 2010) Finland – Bahamas (10 March 2010) Iceland – Bahamas (10 March 2010) Norway – Bahamas (10 March 2010) Sweden – Bahamas (10 March 2010) Greenland – Bahamas (10 March 2010) The Faroe Islands (10 March 2010) Denmark – Bahamas (10 March 2010) Australia – Saint Kitts and Nevis (5 March 2010) Australia – San Marino (4 March 2010) Belgium – Dominica (26 February 2010) Sweden – Andorra (24 February 2010) Iceland – Andorra (24 February 2010) Greenland – Andorra (24 February 2010) Norway – Andorra (24 February 2010) Faroe Islands – Andorra (24 February 2010) Finland – Andorra (24 February 2010) Denmark – Andorra (24 February 2010)