The purpose of this consultation is to get feedback from key stakeholders (including companies, industry associations, practitioners and any other interested parties) on the actions required for the Government of Jersey to address concerns raised by the EU’s Code of Conduct Group (Business Taxation) regarding economic substance.
The Government of Jersey is seeking views on the outline proposal contained within this consultation and how the actions within the outline proposal can be implemented. The proposal draws on thinking within the Organisation for Economic Co-operation and Development (OECD) and EU relating to economic substance, as well as looking at legal and regulatory requirements that already exist in Jersey.
The Government of Jersey is seeking views on the outline proposal contained within this consultation and how the actions within the outline proposal can be implemented. The proposal draws on thinking within the Organisation for Economic Co-operation and Development (OECD) and EU relating to economic substance, as well as looking at legal and regulatory requirements that already exist in Jersey.
Feedback provided will inform the drafting of the relevant legislation and allow government to ensure a smooth transition for companies carrying out relevant activities.
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