
2005 No. 1262
INCOME TAX
The Tax Information Exchange Agreement (Taxes on Income) (Guernsey) Order 2005 (revoked)
Made 7th May 2005
At the Court at Buckingham Palace, the 7th day of May 2005
Present,
The Queen’s Most Excellent Majesty in Council
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Citation
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Declaration about exchange of information
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SCHEDULE
PART I AGREEMENT ON THE TAXATION OF SAVINGS INCOME BETWEEN GUERNSEY AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
WHEREAS:

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Article 1
Retention of Tax by Paying Agents
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Article 2
Reporting of Information by Paying Agents
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Article 3
Exceptions to the Retention Tax Procedure
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Article 4
Basis of assessment for retention tax
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Article 5
Definition of beneficial owner
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Article 6
Identity and residence of beneficial owners
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Article 7
Definition of paying agent
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Article 8
Definition of interest payment
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Article 9
Retention Tax Revenue sharing
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Article 10
Elimination of double taxation
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Article 11
Transitional provisions for negotiable debt securities
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Article 12
Mutual agreement procedure
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Article 13
Confidentiality
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Article 14
Transitional Period
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Article 15
Entry into force
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Article 16
Termination
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Article 17
Application and suspension of application
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Annex:
List of related entities referred to in Article 11
For the purposes of Article 11 of this Agreement, the following entities will be considered to be a “related entity acting as a public authority or whose role is recognised by an international treaty”:

ENTITIES WITHIN THE EUROPEAN UNION:
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INTERNATIONAL ENTITIES:
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ENTITIES IN THIRD COUNTRIES:
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CONDITIONS FOR AMENDING THE PRESENT ANNEX:
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PART II Exchange of Notes
Note from Her Majesty’s Government
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Note from the States of Guernsey
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