Taxation in Guernsey : a global and regulatory analysis

Resource Information

The work Taxation in Guernsey : a global and regulatory analysis represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Books.

Label

Taxation in Guernsey : a global and regulatory analysis

Creator

• Ashton, R

Subject

• banking
• captive insurance company
• enforcement
• exchange of information
• appeal
• tax haven
• tax planning
• trust
• pension

Language

eng

Summary

This book sets out the relevant provisions of the Income Tax (Guernsey) Law 1975 together with commentary on each provision. Focuses on the tax planning opportunities afforded by the island, in terms of the UK in particular and, more generally, internationally. Examines the financial services offered by the Island such as: Trust and company and other private client services; Captive insurance companies; Insurance 'wrapper' products; Offshore funds; Banking services. Deals with: The tax legislation of the Islands, including the ageing double tax arrangement; The sensitive issue of confidentiality and the ease with which foreign revenue jurisdictions (and others) can access information about companies and individuals with some form of presence in the Island; The information exchange agreement between the Grand Cayman and the United States; The enforceability of foreign tax debts in Guernsey. Topics covered: Insurance in Guernsey; General provisions; Income from outside Guernsey; Persons under guardianship, trustees and personal representative; Appeal provisions; Relief and allowances; Pensions, retirement and trust schemes; Special provisions; Annuities; Penalties; International co-operation; The OECD initiative and offshore financial centres

Geographic coverage

Europe

Index

no index present

Language note

English

Literary form

non fiction