JERSEY SUBSTANCE REQUIREMENTS ANALYSED

On 23^rd October, Ogier produced a set of articles examining new proposed requirements for an economic substance test for Jersey tax-resident entities have been published to meet the requirements of the EU Code of Conduct Group.  Subject to States approval, they come into effect on 1^st January.  The articles examine the proposals from the perspective of –

• Fund managers;
• Holding companies; and
• banks, insurance businesses and leasing vehicles.

https://www.ogier.com/news-and-publications

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017