Jersey drafts Economic Substance laws

April 21, 2019

Upcoming laws are to be adopted in Jersey regarding Economic Substance for companies.

Tax-News.com: Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion.

Tax-News.com: Australia To Shutter 'Harmful' Offshore Banking Unit Regime

The Australian Government has confirmed that it will amend its offshore banking unit regime after it was designated a harmful tax regime by the OECD and the European Union.

Tax-News.com: Guernsey Updates MAP Guidance

On November 17, 2020, Guernsey's Revenue Service released updated guidance on Mutual Agreement Procedure dispute resolution.

Tax-News.com: Bermuda Consults Industry On New Conduct Of Business Regime

The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors.

Tax-News.com: UK Eyeing VAT Rule Changes For Sharing Economy

The UK Government is inviting input on the tax challenges associated with the rise of the sharing economy.

PROMINEE®

Prominee® Blog