- Cayman Islands and Malta Sign a Tax Information Exchange Agreement
- November 29, 2013
- Law Firm: CSB Advocates - Swatar Office
Malta and the Cayman Islands signed a Tax Information Exchange Agreement (TIEA) which provides for a full exchange of information between the two countries on tax matters. This agreement was signed at the Malta High Commission in London by Cayman Financial Services Minister Wayne Panton and Malta’s Minister for Finance, Prof. Edward Scicluna.
The two countries confirmed the agreement included all standard means to ensure due process was followed in tax information requests to both Malta and the Cayman Islands such as provisions to protect confidentiality of information. The Tax Information Exchange Agreement will also adhere to public policy.