102 results found

The essence of the arrangement was that Rangers paid monies into the EBT and further into various sub-trusts for the benefit of players and other senior figures within the club.

The continued spread of Coronavirus (COVID-19) has led to some of the greatest restrictions on people movements and gatherings ever imposed globally

Not for the first time in recent years, the Royal Court of Jersey has shown itself willing to assist a trustee by setting aside a previous decision of that trustee ...

In a recent decision, the Royal Court has expressed reluctance to grant relief on the grounds of mistake in circumstances where, rather than a settlor being unaware of and therefore mistaken...

The Royal Court of Jersey has issued a significant judgment in Re The O Trust and The J Trust [2019] JRC 220A where it considered the validity of the appointment of a protector and trustees, and the consequences...

The Royal Court of Jersey has issued a landmark judgment in Kea Investments Limited v Watson [2021] JRC 009

Given the unprecedented effects of COVID-19, including widespread travel restrictions, listed companies may have to consider alternative ways

The media coverage on tax evasion has spiked again on the back of the Cahuzac affair with the French budget Minister responsible for combatting tax evasion indulging in a bit of it himself, by hiding €600,000 in an undeclared Swiss bank account.

Representation of IQEQ (Jersey) Limited re the May Trust Royal Court of Jersey; Bailhache, Commissioner and Jurats Ramsden and Averty, 14 May 2021

The principle that the courts of one jurisdiction will not collect the tax of another is a longstanding tenet of law in many legal systems around the world.

The Crown Dependencies issued their joint guidance on the application of the economic substance rules to partnerships on 21 December 2021...

It is now six months since Jersey joined representatives of more than 70 jurisdictions at the OECD Headquarters in Paris to sign an agreement designed to prevent corporate profit shifting.

The traditional attitude to tax avoidance is encapsulated in the judgment of Lord Tomlin in the English case of IRC v Duke of Westminster (1936)

Jersey's economic substance regime has been in existence for nearly three years now. On the one hand its scope has recently been expanded to include partnerships as well as self-managed corporate funds...

The international political community continues to make the most threatening noises about those who they believe do not pay enough tax.

Whether this principle has survived in practice into the present era is a matter of speculation.

In response to a fast-changing and unpredictable world, important decisions about how best to structure and shelter private...