On 14 May 2014, officials from Austria and Guernsey signed a tax information exchange agreement. The agreement is the first of its kind between the two countries and is in line with OECD standards. The agreement covers Austrian income tax and corporation tax, and Guernsey income tax and dwellings profit tax.
The agreement will enter into force 30 days after the exchange of ratification instruments, and will apply in respect of taxes for any fiscal year beginning after 31 December of the year…