Jersey:
The Common Reporting Standard: Draft Jersey Legislation Released
11 November 2015
Bedell Cristin
To print this article, all you need is to be registered or login on Mondaq.com.
The draft Taxation (Implementation) (International Tax
Compliance) (Common Reporting Standard) (Jersey) Regulations
201- (the "Regulations") were lodged au Greffe on
13 October 2015. The purpose of the Regulations is to give effect
to Jersey's obligations to improve international tax compliance
based on the Common Reporting Standard ("CRS") for the
Automatic Exchange of Financial Information approved by the OECD.
Once the Regulations are ratified, they will come into effect on 1
January 2016, as Jersey is an early adopter of the CRS.
Please
click here to read our briefing note which explains the key
provisions of the Regulations and how they may affect your
reporting obligations.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from Jersey
Tax Saving Tips For Your Cyprus Company
McMillan Woods
Cyprus has an extensive network of double tax treaties with various countries, which can help in reducing or eliminating double taxation. Take advantage of these treaties to minimize your tax liabilities.
Tax Facts 2024
Highworth
Highworth (Cyprus) Ltd, a trusted leader in financial services, proudly presents the Tax Facts of 2024.
Green Tax Incentives - Increase In Capital Allowances
KPMG in Cyprus
Following the publication in the Government Gazette on 12 April 2024 of Law N.45(I)/2024, increased capital allowances will be granted on capital expenditure incurred during the tax years 2023-2026 ...