Jersey has published the Income Tax (Amendment of Law – Limited Liability Companies) (Jersey) Regulations 2022, which were made on 30 March 2022 and will enter into force on 1 September 2022. The regulations amend the Income Tax (Jersey) Law 1961 to establish new rules for the taxation of limited liability companies. This includes a new Part 21B - Special Provisions for Limited Liability Companies (LLCs). Key points of the new Part 21B include: The Comptroller may, by notice, require the secretary of an LLC to provide a true, complete, and correct return containing: the LLC’s financial statements for a...