Guernsey
A. Progress in the implementation of the minimum standard
Guernsey has 14 tax agreements in force as reported in its response to the Peer Review questionnaire. Ten of those agreements comply with the minimum standard.
Guernsey signed the MLI in 2017 and deposited its instrument of ratification on 12 February 2019. The MLI entered into force for Guernsey on 1 June 2019. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Guernsey has not listed its agreements with Jersey and Qatar under the MLI but indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in these two agreements.
Guernsey is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
Note
← 1. For its agreements listed under the MLI, Guernsey is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).