Tax Information Exchange (Dominica and Grenada)

Treasury written statement – made at on 7 April 2010.

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Photo of Stephen Timms Stephen Timms Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Digital Britain) (also HM Treasury), Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills)

Tax Information Exchange Agreements (TIEAS) were signed with the Commonwealth of Dominica and with Grenada in London on 31 March 2010.

The text of each TIEA has been deposited in the Libraries of both Houses and made available on HM Revenue and Customs' website. Each text will be scheduled to a draft Order in Council and laid before the House of Commons in due course.

House of Commons

The House of Commons is one of the houses of parliament. Here, elected MPs (elected by the "commons", i.e. the people) debate. In modern times, nearly all power resides in this house. In the commons are 650 MPs, as well as a speaker and three deputy speakers.