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Private Client specialists from our Guernsey and Jersey offices have been invited to update their contributed chapters for the third edition of Thomson Reuters' jurisdictional comparison of private client tax laws.

Amendments to Guernsey's new substance regulations, which came into effect on 1 January 2019, have provided much needed clarity regarding the treatment of Guernsey foundations.

The governments of Guernsey, Jersey and the Isle of Man announced on 19 May that they had agreed on a joint approach to implement the OECD's Pillar Two framework to ensure certainty for businesses in each of the three jurisdictions.

Guernsey's government has made a technical law change which officially confirms de facto practice that international savings plans are classified as falling within scope of the island's pensions regime for taxation and supervision.