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ARTICLE · 05 JUNE 2023

Jersey Funds And BEPS: Working Towards A More Certain Future

The global tax environment has never seen such fundamental change at such a rapid pace. As a result, funds, their managers, investors and advisers may be uncertain of the impact on their current and future structures.

JerseyTax

Fact not myths

The global tax environment has never seen such fundamental change at such a rapid pace. As a result, funds, their managers, investors and advisers may be uncertain of the impact on their current and future structures.

These changes, however, have not altered Jersey's position as a leading, forward-thinking centre for the domiciliation, management and servicing of funds.

In particular, while the Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) project1 has resulted in the introduction of new international tax treaties and legislative change in some jurisdictions, Jersey has remained focussed on supporting managers and investors by providing a clear, stable and certain environment in line with the action points stipulated by the BEPS project.

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