REPUBLIC OF TURKEY AND THE GOVERNMENT OF GUERNSEY HAVE REACHED TO A CONSENSUS ON THE EXCHANGE OF INFORMATION ON TAX ISSUES
The following decision has been announced on the official gazette dated August 2, 2017.
- Within the enforcement of the Agreement, all tax and tax audit related matters and information requested from the Turkish officers can and will be requested and obtained from the authorities of Guernsey. Mutual requests related to Turkey will also be met by the Turkish authorized officers.
- The agreed consensus aims to lead a transparent information exchange between the two countries on the criminal and legal tax matters. This new regulation has been an important step taken in order to prevent future tax losses and fugitives.