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Jersey Clarifies Economic Substance Test During COVID-19 Pandemic

|Approved Changes|Jersey
Jersey

The Jersey government has updated its guidance page on economic substance for companies with a notice on economic substance in light of the COVID-19 pandemic.

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Coronavirus (COVID-19) and economic substance

Where companies operating practices have to be adjusted to compensate for the Coronavirus outbreak, the Comptroller will not determine under Article 6, Taxation (Companies- Economic S…

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