AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDONESIA AND THE GOVERNMENT OF GUERNSEY FOR THE EXCHANGE OF INFORMATION RELATING TO TAX MATTERS

Whereas the Government of the Republic of Indonesia and the States of Guernsey (the Parties) recognise that present legislation in Guernsey already provides for cooperation and the exchange of information in criminal tax matters;
Whereas the Parties have long been active in international efforts in the fight against financial and other crimes, including the targeting of terrorist financing;
Whereas it is acknowledged that the States of Guernsey has the right, under the terms of the Entrustment from the United Kingdom of Great Britain and Northern Ireland, to negotiate, conclude, perform and, subject to the terms of this Agreement terminate a tax information exchange agreement with the Government of the Republic of Indonesia;
Whereas the Parties wish to enhance and facilitate the terms and conditions governing the exchange of information relating to taxes covered by this Agreement;
Now, therefore, the Parties have agreed to conclude the following Agreement which contains obligations on the part of the Parties only.

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Guernsey