The Government has announced disclosure requirements in respect of certain foreign companies that are first managed or controlled in Jersey on or after 3 June 2008. The rules apply to any company that will be liable to pay tax in Jersey under the Schedule A provisions, as well as to any financial services company with a permanent establishment in Jersey. They also apply to foreign companies with Jersey-resident shareholders. With effect from 3 June 2008, all agents or service providers must advise the Income Tax Office on a case-by-case basis of the existence of such companies. All other foreign companies...