According to preliminary media reports, Liberia and Poland signed a TIEA on August 7, 2013.
According to preliminary media reports, the TIEA signed between Liberia and the Netherlands in May 2010 entered into force on June 1, 2012.
According to preliminary media reports, the TIEA signed between Denmark and Liberia entered into force on May 18, 2012.
The UK tax authority HM Revenue and Customs has announced that the TIEA signed between the UK and Liberia on November 1, 2010, entered into force on March 30, 2012.
According to preliminary media reports, a TIEA between Liberia and India was signed on October 3, 2011.
The Liberian Finance Ministry has announced that it signed its 13th TIEA, with Australia, on August 11, 2011.
The UK government began its legislative process for its TIEA with Liberia on June 28, 2011. The TIEA broadly follows the OECD model convention, and provides for the exchange of tax information upon request. The TIEA will enter into force on date the later the later of the two countries to complete its legislative procedures has done so.
The TIEA covers all taxes in both territories. The TIEA provides for the exchange of information relevant to the administration and enforcement of domestic tax laws, and information which is relevant to the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks, and other financial institutions, and information regarding the ownership of companies, partnerships, trusts and foundations.