This guide to Guernsey's private client sector includes
commentary on tax, trusts, foundations and private wealth
structures used within the jurisdiction, including charitable or
philanthropic structures. It also looks at capital gains,
withholding and wealth tax rules along with issues relating to real
property, immigration, succession, making a will and estate
planning considerations, legislative changes and disclosure
obligations.
1. Which factors bring an individual within the scope of
tax on income and capital gains?
Liability to Guernsey income tax is generally dependent on
residential status. However, certain other types of income arising,
or from a source, in Guernsey can give rise to a liability to
Guernsey income tax irrespective of the residence status of the
recipient.
