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Jersey Consulting on Taxation of Transactions Involving "Enveloped" Property

26 July 2019

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Proposed Changes

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Jersey

The Jersey Government has launched a consultation on the taxation of transactions involving "enveloped" property, which includes the introduction of law changes in order to impose a tax charge on certain transactions involving the transfer of Jersey real estate that are currently outside the scope of both the Stamp Duty Law and the Land Transactions Tax Law. The deadline for comments is 14 October 2019. --- Ministerial foreword In Budget 2019 I undertook to bring forward a public consultation in order to seek views on a proposal to charge tax on a wider range of property transactions. Under the current...