A Tax Information Exchange Agreement is the legal instrument that provides the framework for the exchange of information upon request only between two Governments. Each TIEA signed between the Government of the Virgin Islands and the Government of a partner jurisdiction, shall be brought into force in accordance with the provisions of the Mutual Legal Assistance Tax Matters Act, 2003 as amended, by issuing an Order made by the Minister of Finance. All TIEAs negotiated by the Government of the Virgin Islands, outlines a strict criteria to ensure that fishing expeditions are not carried out. Any information sought under the TIEA must be directly relevant to the tax affairs of a given taxpayer, in the requesting jurisdiction.