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Jersey Issues Guidance on Draft Taxation Companies Economic Substance Law

13 November 2018

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Proposed Changes

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Jersey

On 7 November 2018, the Jersey government announced the release of guidance on the operation of the economic substance requirements that will be introduced to address concerns of the EU Code of Conduct Group on Business Taxation. --- Guidance for proposed taxation law 07 November 2018 A document designed to provide companies with guidance on how the States’ draft Taxation Companies Economic Substance Law will operate has been published today. Minister for External Relations, Senator Ian Gorst, last month lodged the proposed Law for debate by the States Assembly at its sitting on 4 December 2018. The Law has been...