Tax Information Exchange Agreements
Tax Information Exchange Agreements (TIEA’s) are treaties between nations for the purpose of sharing taxpayer information.
TIEA’s are normally used by countries with worldwide taxation to gather information from countries with territorial tax systems. The most well-known country with a worldwide tax system is the United States.
The IRS (Internal Revenue Service) uses TIAE’s to circumvent privacy and bank secrecy laws of other countries and collect information on people it believes should be U.S. taxpayers.
The United States has signed TIEA’s with the following countries:
- Antigua and Barbuda
- Aruba
- The Bahamas
- Barbados
- The British Virgin Islands
- The Cayman Islands
- The Channel Islands
- Costa Rica
- Dominica
- The Dominican Repuublic
- Grenada
- Guyana
- Honduras
- The Isle of Man
- The Marshall Islands
- Mexico
- Peru
- St. Lucia
- Trinidad and Tobago
The following countries are among those which have not signed TIEA’s with the United States:
- Andorra
- Anguilla
- Austria
- Bahrain
- Belize
- Brunei Darussalam
- Cook Islands
- Cyprus
- Dubai (United Arab Emirates)
- Gibraltar
- Hong Kong
- Labuan (Malaysia)
- Liechenstein
- Luxembourg
- Madeira
- Malaysia
- Malta
- Mauritius
- Monaco
- The Netherlands
- The Netherlands Antilles
- Panama
- Samoa
- St. Kitts and Nevis
- Saint Vincent
- The Seychelles
- Switzerland
- The Turks and Caicos Islands
- Vanuatu
