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Walkers' Jersey office has advised AIM listed Gama Aviation Plc on the acquisition by one of its subsidiaries of Aviation Beauport Holdings Limited, Jersey's largest private aircraft charter and handling business.

China has introduced a comprehensive Individual Income Tax regime for offshore trusts, imposing a 20% flat tax on settlors and beneficiaries with Chinese connections. With a 90-day transition window now in effect, affected individuals must urgently assess their disclosure obligations and consider whether existing trust structures remain viable under the new rules.