TCI: Exchange of Information Unit

#Providenciales, August 2, 2018 – Turks and Caicos – Keeping with the international standards agreed by the Global Forum on Tax Transparency and Exchange of Information for Tax Purposes, the Government of the Turks and Caicos Islands Exchange of Information Unit under the Ministry of Finance, Trade & Investment was paid an onsite visit by a team of OECD Assessors.  The visit took place between the period July 23 -27, 2018 with a series of meetings with public and private sector stakeholders, primarily in the area of financial services.

The exercise was based on a second round Peer Review examination of the legislative framework, policies, procedures and cooperation of the industry with the EOI Unit practices in the collection and exchanging information for tax purposes with treaty partners.  Two previous assessments carried out on exchange of information by request revealed TCI to have a largely compliant rating.

The Government of the Turks and Caicos Islands, including the Minister for Finance, Ministry of Finance, Exchange of Information Unit sincerely thanks all of its partners that were engaged and participated in the examination for their cooperation and professionalism.  Following adoption of the report, it will be made publicly available.

Release: TCIG