Blood, Sweat & TIEAs: Tax Information Exchange Litigation in OFCs
As more applications for information about taxpayers with offshore accounts are filed at offshore courts under Tax Information Exchange Agreements, so are there more challenges to the legality of the applications. This session will look at legal decisions regarding TIEA applications, including 'M.H. Investments and J.A. Investments v The Cayman Islands Tax Information Authority' in which a Cayman judge ruled that information had been provided to the Australian Taxation Office illegally and 'Bunge Limited v. The Bermuda Minister of Finance'.