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Economy and Banking Sector of Anguilla

Withholding Tax

Withholding taxes are imposed at source of income and are often applied to dividends, interest, royalties, rent and similar payments. The rates of withholding tax are often reduced by double taxation agreements.

Withholding Tax Rates in Anguilla: 0.0 - 0.0%

Withholding tax rates applied on payments of interest and dividends in Anguilla are shown in Table 1.

Dividends Interest
Natural Persons (residents) 0.0 %0.0 %
Natural Persons (non-residents) 0.0 %0.0 %
Table 1. Withholding tax rates in Anguilla.

Information Exchange

There are 3 ways for jusrisdictions to exchange information on tax matters:

  • spontaneously;
  • on request;
  • automatically.

Spontaneous exchange of information is provision of information that is forseeably relevant to another party without a request being previously sent.

Tax Information Exchange Agreements (TIEAs) enable exchange of information on request relating to a specific tax investigation, either criminal or civil.

Automatic information exchange allows jurisdictions to exchange information automatically, without having a specific tax investigation.

Exchange on Request: 17 Signed Agreements

Anguilla signed TIEAs which already came info force with the following jurisdictions :

AU Australia
CA Canada
DK Denmark
FO Faroe Islands
FI Finland
FR France
DE Germany
NL Netherlands
NO Norway
SE Sweden
GB United Kingdom

There are also several agreements between Anguilla and other jurisdictions which was signed but haven't yet come into force:

BE Belgium
GL Greenland
IS Iceland
IE Ireland
NZ New Zealand
PT Portugal

Automatic Exchange: Starts in September 2017

Anguilla signed the automatic information exchange agreement on 29 October 2014 and committed to start the automatic information exchange in September 2017.

Automatic Excnange: 38 Bilateral Agreements to Receive Information

Anguilla has signed bilateral agreements with 38 jurisdictions to automatically receive information:

AR Argentina
BE Belgium
BG Bulgaria
CN China
CO Colombia
HR Croatia
CZ Czech Republic
DK Denmark
EE Estonia
FO Faroe Islands
FI Finland
FR France
DE Germany
GR Greece
GL Greenland
HU Hungary
IS Iceland
IN India
IE Ireland
IT Italy
KR Korea, Republic of
LV Latvia
LI Liechtenstein
LT Lithuania
LU Luxembourg
MT Malta
MX Mexico
NL Netherlands
NO Norway
PL Poland
PT Portugal
SM San Marino
SK Slovakia
SI Slovenia
ZA South Africa
ES Spain
SE Sweden
GB United Kingdom

Automatic Excnange: 0 Bilateral Agreements to Send Information

Anguilla has not singed any bilateral agreements to automatically send information.

Further Information

FATCA

Foreign Account Tax Compliance Act (FATCA) which became law in the United States in March 2010, focuses on reporting made by foreign financial institutions about financial accounts held by US taxpayers or foreign entities in which US taxpayers hold a substantial ownership interest. The FATCA-reporting is facilitated by Intergovernmental Agreements (IGAs).

FATCA Status in Anguilla
IGA agreed on 30 June 2014, Model 1

Anguilla agreed in substance to use FATCA on 30 June 2014 (Intergovernmental Agreement Model 1): the text of the IGA has not been released and financial institutions operating in Anguilla are allowed to register on the FATCA website consistent with the treatment of having an IGA in effect provided that Anguilla continues to demonstrate firm resolve to sign the IGA as soon as possible.

Further Information