Anguilla’s suite of Economic Substance Legislation provides that when an in-scope entity (as defined within the legislation)
carries on a relevant activity in a relevant financial period and does not satisfy the economic substance requirements or is engaged
in high-risk IP activity, Anguilla’s competent authority must provide information about that entity for that period to the competent
authorities of the EU member states in which the holding entity, ultimate parent entity, owner, or beneficial owner of the entity is
incorporated, formed, registered, or resident.
Anguilla will only exchange information with jurisdictions with whom Anguilla has an international agreement to provide tax information
assistance. The exchanges will be govern by the terms of those agreements.
