Guernsey does not levy any form of capital gains tax, inheritance tax or value added tax. No stamp or document duty, or transfer tax, is payable in respect of companies,

In line with commitments made by the States of Guernsey to the EU Code of Conduct Group (Business Taxation) in 2018

Guernsey's rules on corporate tax residence changed at the beginning of 2019 following amendments to its existing tax law brought into effect by a combination of the Income Tax

Taxation in Guernsey is the responsibility of the Director of the Revenue Service in Guernsey and the principal legislation is contained in the Income Tax (Guernsey) Law, 1975 as extensively

In September HMRC published revisions to its inheritance tax (IHT) manuals relating to its interpretation of where a specialty debt (a specialty) is sited. There has been little commentary

On 1 April 2022, the Qualifying Asset Holding Companies ("QAHC") regime, the latest innovation in the UK's corporate tax landscape, came into effect for UK tax resident companies.

The Income Tax (Approved International Agreements) (Implementation) (Mandatory Disclosure Rules) Regulations, 2020 (the "Regulations") were passed by Guernsey ...

What is the issue? Guernsey will be required to gather data for the calendar year 2016 for reporting under the Common Reporting Standard (CRS) in 2017.

The OECD's Two-Pillar Solution to the global risks posed by base erosion and profit shifting in a digital economy ("Pillar Two") saw the introduction of global minimum tax rules designed...

With the signing of both the HMRC Guernsey Disclosure Facility and HMRC Jersey Disclosure Facility and the Isle of Man having put in place similar arrangements, all three crown dependencies have now entered into memoranda of understanding with HM Revenue & Customs.

Guernsey remains a popular choice of jurisdiction for investment funds and managers, with its well-regulated and stable environment. This article provides a high level summary of the Guernsey...

Guernsey, located in the English Channel, is one of the world's largest offshore finance centres, with a thriving funds industry. The value of funds under management and administration in Guernsey is US$532bn.

On 29 July 2016, the States of Guernsey Income Tax published their latest bulletin on guidance in relation to the implementation of the Common Reporting Standard in Guernsey.

Guernsey has published regulations to implement and enable the administration and enforcement of the intergovernmental agreements entered into with the UK and the U.S.

The trust was governed by the law of England and Wales, but administered in Guernsey by Guernsey trustees and therefore subject to the jurisdiction of the Royal Court.

On 14 September 2021 the Revenue Service published Bulletin 2021/5 which covers enhanced compliance strategies introduced by a new law that came into force in July earlier this year.

The OECD website lists 518 Tax Information Exchange Agreements (TIEAs) entered into between 2000 and 2012.

Guernsey Property Unit Trusts (GPUTS) are a frequently used vehicle for holding UK real estate.

Guernsey's tax policy is underpinned by strong general anti-avoidance rules and the adoption of a number of international tax standards.