Guernsey
Tax & Regulation | 17 Mar 16
Crown dependency DTA change ends property developer loophole
The UK’s double tax agreements (DTA) with Guernsey, Jersey, and the Isle of Man have been amended so that non-UK resident property developers will no longer be able to avoid paying income or corporation tax in the UK.
Tax & Regulation | 17 Mar 16
Guernsey court refuses to reverse man’s £560k tax bill
A Guernsey court has refused to reverse a decision that left a man with over half a million pound tax bill after he was wrongly advised that he could withdraw £1.4m ($2m, €1.8m) from his pension pot.
Caution urged over EEA secondary share sale offer
Investors in the beleaguered Guernsey-based EEA Life Settlements Fund have been offered the opportunity to register some, or all, of their shares for a proposed secondary share sale in March or April this year. But caution has been urged.
Liechtenstein’s AAA rating affirmed
While other offshore financial centers have suffered ratings downgrades of late, Lichtenstein has had its AAA rating affirmed by Standard & Poor’s.
United Kingdom | 17 Feb 16
Blame for Jersey and Guernsey downgrades pinned on Brexit
Jersey and Guernsey have both blamed a possible ‘Brexit’ for Standard & Poor’s recent ratings downgrade despite S&P pointing to the G10’s rising focus on low-tax regimes and the impact that may have on their financial services sectors as the driving force behind its decision.