Belgium's Council of Ministers on May 31, 2013, approved a law to ratify the TIEA signed with Antigua and Barbuda on December 7, 2009.
Antigua and Barbuda's government announced on July 11, 2011, that it plans to continue negotiations for a TIEA with Ukraine. Negotiations have been taking place since 2010.
The TIEA was signed on January 18, 2010, and has effect from May 19, 2011. The TIEA applies to taxes of all kinds, and to any identical taxes imposed/taxes amended after date of signature. The TIEA provides for the exchange of information relevant to determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation or prosecution of tax matters. The TIEA also provides for exchange of information held by banks and financial institutions, and information regarding ownership of companies, partnerships etc.