Jersey
A. Progress in the implementation of the minimum standard
Jersey has 15 tax agreements in force as reported in its response to the Peer Review questionnaire. Eight of those agreements comply with the minimum standard.
Jersey signed the MLI in 2017 and deposited its instrument of ratification on 15 December 2018. The MLI entered into force for Jersey on 1 July 2018. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect. Jersey has not listed its agreement with Mauritius. This agreement will therefore not, at this stage, be modified by the MLI. Mauritius has listed its agreement with Jersey under the MLI.
Jersey 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 its agreements with Guernsey and the Isle of Man.
Jersey is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
B. Conclusion
Jersey has developed a plan for the implementation of the minimum standard in its agreement with Mauritius. Jersey indicated in its response to the Peer Review questionnaire that bilateral negotiations would be pursued with respect to that agreement.
Note
← 1. For its agreements listed under the MLI, Jersey is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).