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New Tax Treaty between Guernsey and the UK Signed

|Treaty Development|Guernsey-United Kingdom
Guernsey-United Kingdom

On 2 July 2018, the UK and Guernsey signed a new income and capital tax treaty. Once in force and effective, the treaty will replace the existing tax arrangement between the UK and Guernsey.

Taxes Covered

The treaty covers Guernsey income tax and UK income tax, corporation tax, and capital gains tax.

Residence

If a company is considered resident in both Territories, the competent authori…

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