Policy paper

The International Tax Compliance (Crown Dependencies and Gibraltar) Regulations 2014

This Tax Information and Impact Note introduces regulations for UK businesses,for accounts maintained for accountholders who are tax resident in Isle of Man, Guernsey, Jersey and Gibraltar.



At Autumn Statement 2012, the government announced that it would look to negotiate intergovernmental agreements aimed at countering evasion through automatic exchange of information, similar to the agreement signed with the US in September 2012.

Soon afterwards, the Isle of Man, Guernsey and Jersey and Gibraltar all announced they would look to negotiate agreements with the UK. These agreements have now been signed and are intended to come into force on 31 March 2014.

Published 17 March 2014