In media release No 2010/058, issued 1 April 2010, the Assistant Treasurer, Senator Nick Sherry, has announced the signing of a further seven Tax Information Exchange Agreements (TIEAs).
Australia has signed TIEAs with:
- The Cayman Islands
- The Bahamas
- Saint Lucia, and
- The Turks and Caicos Islands.
Each TIEA will enter into force after both countries have completed their relevant domestic requirements.
"Monaco is now Australia's 23rd tax information sharing partner and I'm pleased to welcome it into our TIEA network," the Assistant Treasurer said.
Australia has also recently signed a TIEA with Anguilla, reported in 2010 TAXVINE No 11 (26 March 2010).