Australia-Marshall Islands tax information exchange agreement

The governments of Australia and the Marshall Islands have signed a tax information exchange agreement (TIEA). The TIEA provides for exchange of information, on request, in both criminal and civil matters.

In addition, Australia and the Marshall Islands have signed an agreement for the Allocation of Taxing Rights (ATR). The ATR will establish an administrative mechanism to resolve transfer pricing disputes between taxpayers and revenue authorities of Australia and the Marshall Islands.

The ATR agreement will eliminate double taxation of certain income derived by pension recipients, government employees and students.

The TIEA and ATR agreements will enter into force after Australia and the Marshall Islands have advised each other that they have completed their domestic requirements.

Press release

For more information, see the Assistant Treasurer's Media Release 105 of 2010 press release.

Legislation and supporting material

The relevant Bill and Explanatory Memorandum are yet to be introduced into Parliament.

Further information For more information about international agreements, go to the International tax agreements home page.