UK Exchange of Information List

UK-Exchange-of-Information-List

The Organisation for Economic Co-operation and Development (OECD) had set up the Multilateral Competent Authority Agreement (MCAA). The objective of the MCAA is to create a framework for the systematic and periodic transmission of taxpayer information by the source country to the country of residence of the taxpayer under the Common Reporting Standard framework

Where two signatories both specify the other in their list of intended exchange partners then the MCAA will come into effect between those two signatories. Rules of procedure will be developed to determine the sequencing of notifications as well as any subsequent changes to the notification procedure.

Such bilateral exchange relationships are being put in place for the automatic exchange of Common Reporting Standard (CRS) information. The relationships shown below include those under the framework of Article 6 of the Multilateral Convention and the CRS MCAA, as well as exchange relationships based on bilateral agreements and the EU framework.

As of December 2016, and with under a year to go until the first exchange date on 30 September 2017, there are now already over 1300 bilateral exchange relationships activated with respect to jurisdictions committed to a 2017 timeline.

We are listing below the bilateral exchange relationships for automatic exchange of information signed by United Kingdom as at January 2017. UK will exchange information in 2017 in relation to 2016.

Please click here in order to see an updated list on OECD website.

From Jurisdiction To Jurisdiction Legal Instrument
United Kingdom Andorra EU Agreement
United Kingdom Argentina CRS MCAA – Activated on 20 October 2016
United Kingdom Austria EU Directive 2014/107/UE
United Kingdom Belgium EU Directive 2014/107/UE
United Kingdom Bonaire, Saint Eustatius and Saba CRS MCAA – Activated on 20 October 2016
United Kingdom Bulgaria EU Directive 2014/107/UE
United Kingdom Colombia CRS MCAA – Activated on 22 December 2016
United Kingdom Croatia EU Directive 2014/107/UE
United Kingdom Cyprus EU Directive 2014/107/UE
United Kingdom Czech Republic EU Directive 2014/107/UE
United Kingdom Denmark EU Directive 2014/107/UE
United Kingdom Estonia EU Directive 2014/107/UE
United Kingdom Faroe Islands CRS MCAA – Activated on 20 October 2016
United Kingdom Finland EU Directive 2014/107/UE
United Kingdom France EU Directive 2014/107/UE
United Kingdom Germany EU Directive 2014/107/UE
United Kingdom Gibraltar UK – CDOT Agreement
United Kingdom Greece EU Directive 2014/107/UE
United Kingdom Guernsey UK – CDOT Agreement
United Kingdom Hungary EU Directive 2014/107/UE
United Kingdom Iceland CRS MCAA – Activated on 20 October 2016
United Kingdom India CRS MCAA – Activated on 20 October 2016
United Kingdom Ireland EU Directive 2014/107/UE
United Kingdom Isle of Man UK – CDOT Agreement
United Kingdom Italy EU Directive 2014/107/UE
United Kingdom Jersey UK – CDOT Agreement
United Kingdom Korea CRS MCAA – Activated on 20 October 2016
United Kingdom Latvia EU Directive 2014/107/UE
United Kingdom Liechtenstein EU Agreement
United Kingdom Lithuania EU Directive 2014/107/UE
United Kingdom Luxembourg EU Directive 2014/107/UE
United Kingdom Malta EU Directive 2014/107/UE
United Kingdom Mexico CRS MCAA – Activated on 20 October 2016
United Kingdom Monaco EU Agreement
United Kingdom Netherlands EU Directive 2014/107/UE
United Kingdom Norway CRS MCAA – Activated on 20 October 2016
United Kingdom Poland EU Directive 2014/107/UE
United Kingdom Portugal EU Directive 2014/107/UE
United Kingdom Romania EU Directive 2014/107/UE
United Kingdom San Marino EU Agreement
United Kingdom Seychelles CRS MCAA – Effective for taxable periods starting on or after 01 January 2016 – Activated on 20 October 2016
United Kingdom Slovak Republic EU Directive 2014/107/UE
United Kingdom Slovenia EU Directive 2014/107/UE
United Kingdom South Africa CRS MCAA – Activated on 20 October 2016
United Kingdom Spain EU Directive 2014/107/UE
United Kingdom Sweden EU Directive 2014/107/UE
United Kingdom Switzerland EU Agreement

This post was originally written for Portman International Ltd, a one-stop-shop for all corporate, personal, tax, residence, citizenship & property requirements in Malta.

David Marinelli is a Chartered Certified Accountant by profession and has been the owner and CEO of Portman International for the past 25 years. He advises a wide range of international clients on cross border taxation, international structures and asset protection. More recently David has added payment services and real estate advisory to his activities.