A study on Money laundering and tax evasion risks in free ports provides an insight into the money laundering, tax evasion and tax avoidance risks connected with free zones, particularly those that function as (semi-) permanent storage for high-value goods, often referred to as ‘free ports’. Conducted at the request of the European Parliament’s Special […]

The DRAFT TAXATION (IMPLEMENTATION)(INTERNATIONAL TAX COMPLIANCE)(COMMON REPORTING STANDARD)(JERSEY) REGULATIONS 201- (Draft CRS Regulations) have now been lodged with the States of Jersey Jersey practitioners will be reassured to see (at Articles 10 – 18) the inclusion of expanded penalty provisions which seems to more accurately reflect the position adopted by the IoM/UK; that is to […]