Jersey and Luxembourg Sign a Double Taxation Agreement
Today (17th April 2013) Jersey signed a comprehensive Double Taxation Agreement (DTA) with Luxembourg.
This is exciting news for BKS as we already have a subsidiary in Luxembourg. We are confident the new treaty will facilitate growth in business between Jerey and Luxembourg.
This is Jersey’s eighth DTA and 39th international tax agreement that meets the OECD tax standards on transparency and information exchange.
The signing of the DTA with Luxembourg continues Jersey’s firm and longstanding commitment to international standards of transparency and information exchange. It further strengthens Jersey’s political and business relationship with another EU Member State and further strengthens an important business relationship with Luxembourg.