285 results found

The tax authorities in the Crown Dependencies sent the first set of US FATCA reports, compiled by financial institutions in their respective jurisdictions, to the US Internal Revenue Service on 30 September 2015.

Due to the potential negative impact of ATAD III, fund managers and institutional investors may wish to consider replacing existing EU asset-holding companies with Guernsey holding...

This Q&A sets out an overview of substance legislation across our jurisdictions, with particular relevance to questions about how the law came about, the scope of the law, the definitions attached to the tests involved, and sanctions for non-compliance.

How Guernsey is positioning itself to become the key global centre for image rights registration and management.

The States of Guernsey 2012 Budget Report contains a section advising of proposals to introduce legislation enabling the States to recover document duty at 3% on the transfer for value of any interest in any legal entity which owns, either directly or indirectly, real property in Guernsey.

In an increasingly interconnected global economy, South African investors, promoters and managers are aware of the importance of offshore investment structures to optimise wealth holding...

When a client is establishing trusts as part of his wealth and succession planning, one of the more difficult decisions can often be whom to appoint as trustee.

The idea of introducing an anti-avoidance rule was first mooted by Gordon Brown but dropped, and then resurrected by the coalition in December 2010 when it asked Graham Aaronson QC to consider whether a general anti-avoidance rule (a GAAR) should be introduced in the UK.

The Income Tax (Substance Requirements)(Implementation) Regulations, 2018 as amended (the Substance Regulations) came into force on 1 January 2019 and have recently been further updated by The Income Tax...

With the rising trend in the numbers of individuals and families with significant wealth, one aspect of their affairs which is attracting wider attention is the advice they need to assist them in managing the transition of family wealth to the next generation.

From 1 January 2026, the taxation point of share-based benefits in kind will move from the grant date to the later vesting or exercise date...

Guernsey has recently introduced legislation to regulate the charitable sector. The Charities etc (Guernsey and Alderney) Ordinance, 2021 brings forward changes that will impact upon most Guernsey...

Guernsey remains a popular choice of jurisdiction for corporates, providing a stable government and a transparent legislative and tax system.

A Guernsey limited liability partnership ("LLP") is a popular structure and regularly adopted by professional advisory firms and by certain fund structures.