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Tax
Jersey’s government has tabled legislation designed to satisfy the EU Code of Conduct Group (Business Taxation)’s ‘economic substance’ test, a vital part of the European Union’s criteria for placing third countries on its blacklist of jurisdictions that do not practice ‘fair taxation’. The EU list, first published in December 2017, was divided into three sections:...
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‚ÄčThe Minister for External Relations, Senator Ian Gorst, yesterday finalised a new double taxation agreement with the UK government The formal process, known as an exchange of letters, took place in London in a meeting with the Financial Secretary to HM Treasury. This new Double Taxation Agreement (DTA) replaces an existing agreement from 1952. While...
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