Friday 3rd January 2025
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Comsure operates in:the UK, Jersey, Guernsey


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EU blacklist: Good news – but questions remain

From the Jersey Evening Post.  

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COURT QUESTIONS ITS WILLINGNESS TO ASSIST AGGRESSIVE TAX AVOIDANCE SCHEMES THROUGH THE USE OF RECTIFICATION

In the matter of the Representation of IFM Corporate Trustees Limited v Helliwell and Mountain[2015] JRC160 the Royal Court of Jersey was asked to exercise its discretion to make an order for rectification.  It warned that if a trust constitutes a scheme that is technically lawful but is so contrived and artificial that it would […]

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Jersey Breaking Ground On Bitcoin, Clarifies Tax Rules

Jersey has become the first jurisdiction in the world to successfully establish a regulator-approved Bitcoin investment fund, and has set out rules on the taxation of cryptocurrencies. The open-ended fund is due to launch on August 1, 2014. Jersey’s Comptroller of Taxes has stated that Jersey’s income tax provisions on foreign exchange activities will apply […]

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