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1240/5(7893)
WRITTEN QUESTION TO THE MINISTER FOR EXTERNAL RELATIONS BY DEPUTY G.C.L. BAUDAINS OF ST. CLEMENT
ANSWER TO BE TABLED ON TUESDAY 22nd OCTOBER 2013
Question
Would the Minister advise of the progress, if any, he has made regarding France's listing of Jersey as an uncooperative jurisdiction?
Answer
The Minister for External Relations is working in close cooperation with the Chief Minister and the Treasury and Resources Minister on this issue.
Meetings have been held with the French Ambassador in London, and with officials in Paris, and good progress is being made on exchanging all the outstanding information under the Tax Information Exchange Agreement with France, which forms the basis of Jersey's listing as uncooperative.
I am lodging an amendment to the Taxation (Exchange of Information with Third Countries) Regulations which, among other things, will limit the statutory scope for Appeal and will reduce the period within which information must be produced from 30 to 15 days. These changes will enhance the process of exchanging tax information in accordance with the international standard.
An early meeting with the French Minister of Finance has been requested in order to seek the removal of Jersey from France's list of uncooperative jurisdictions.