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Jersey Launches Consultation on Taxation of Mutual Trading

|Proposed Changes|Jersey
Jersey

The Jersey Government has launched a consultation on the tax treatment of mutual trading, which has long been regarded in Jersey as a person trading with themselves for tax purposes and therefore outside the scope of income tax. However, it has been put forward that a review should be made of this principle. Jersey's current position and the main question of the consultation are summarized as f…

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