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<h1>Contracting Parties Must Enact Legislation for Double Tax Avoidance Agreement with Guernsey to Align with Tax Treaty Standards.</h1> The Contracting Parties are required to enact legislation necessary to comply with and implement the terms of the Double Tax Avoidance Agreement (DTAA) with Guernsey. This involves creating statutory provisions, laws, enactments, acts, rules, and regulations to ensure adherence to the tax treaty and international conventions related to taxation.