Internal Revenue Bulletin:  2007-10 

March 5, 2007 

Announcement 2007-23

U.S.-Island of Jersey Reciprocal Exemption Agreement


Table of Contents

The United States and the United Kingdom of Great Britain and Northern Ireland (on behalf of the Bailiwick of Jersey) have exchanged diplomatic notes evidencing a reciprocal exemption agreement for income from the international operation of ships for taxable years beginning on or after January 1, 1997. The diplomatic notes reproduced herein contain the terms of the reciprocal exemptions.

The principal author of this announcement is Patricia Bray of the Office of Associate Chief Counsel (International). For further information regarding this announcement, contact Patricia Bray at (202) 622-3880 (not a toll-free call).

The text of the agreement is as follows.

Reciprocal Exemption Agreement between the United States and JerseyThis exhibit contains an exchange of diplomatic notes between the United
States and the United Kingdom of Great Britain and Northern Ireland (on behalf
of the Bailiwick of Jersey) evidencing an agreement for the reciprocal exemption
from taxation of income from the international operation of ships.  The agreement
is effective for taxable years beginning on or after January 1, 1997.

Reciprocal Exemption Agreement between the United States and JerseyThis exhibit contains an exchange of diplomatic notes between the United
States and the United Kingdom of Great Britain and Northern Ireland (on behalf
of the Bailiwick of Jersey) evidencing an agreement for the reciprocal exemption
from taxation of income from the international operation of ships.  The agreement
is effective for taxable years beginning on or after January 1, 1997.

Reciprocal Exemption Agreement between the United States and JerseyThis exhibit contains an exchange of diplomatic notes between the United
States and the United Kingdom of Great Britain and Northern Ireland (on behalf
of the Bailiwick of Jersey) evidencing an agreement for the reciprocal exemption
from taxation of income from the international operation of ships.  The agreement
is effective for taxable years beginning on or after January 1, 1997.

Reciprocal Exemption Agreement between the United States and JerseyThis exhibit contains an exchange of diplomatic notes between the United
States and the United Kingdom of Great Britain and Northern Ireland (on behalf
of the Bailiwick of Jersey) evidencing an agreement for the reciprocal exemption
from taxation of income from the international operation of ships.  The agreement
is effective for taxable years beginning on or after January 1, 1997.

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