The Government of Jersey has launched a public consultation on the implementation of mandatory disclosure rules (MDR) for CRS Avoidance Arrangements and Opaque Offshore Structures in order to meet commitments made to the EU Code of Conduct Group (Business Taxation). The consultation notes that two MDR models are being proposed for this purpose: The EU model of MDR which includes, amongst its obligations rules for the reporting of Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures, and is contained within the amendments to the Directive on Administrative Cooperation, known as DAC6; and The OECD model entitled ‘Model Mandatory...