Search results
Results from the WOW.Com Content Network
The Netherlands however does consider Jersey to be a tax haven. Jersey was placed on their tax avoidance "blacklist" in 2019. The list includes any jurisdiction with a corporate tax rate below 9%. As a result, companies registered in Jersey must pay 20.5% tax on interest and royalties received from the Netherlands from 2021. [41]
A tax haven is a term, ... Bermuda, the British Virgin Islands, and the Cayman Islands), Channel Islands tax havens (e.g. Jersey) and Asian tax havens (e.g., ...
It is described by some as a tax haven. [14] It attracts deposits from customers outside of the island, seeking the advantages such places offer, like reduced tax burdens. Jersey has been variously given the title of a 'tax haven' since the 1920s, when wealthy Brits began to move (or move their wealth) into the island to avoid wealth and ...
Guernsey has thus been described a tax haven. [112] [113] In the 2011 Budget, ... The Archaeology and Early history of the Channel Islands. The History Press.
Jersey has a long history of tax avoidance and smuggling due to its special constitutional status. [29] [27] The EU's tax haven blacklist [30] does not include Jersey in the list dated February 2023, though has in the past [30] and the list has been criticised for leaving out jurisdictions such as Jersey. [31]
There are "traditional" tax havens common on all these lists (e.g. some Caribbean and Channel Islands locations), which some global regulators have either blacklisted, or have issued formal warnings/threat of sanctions against, unless transparency is increased. [24] [25]
Maples Group maintains a multi-jurisdictional network of offices in leading Caribbean and Channel Islands offshore tax havens [12] such as the Cayman Islands, British Virgin Islands, Dubai, and Jersey.
Recent figures showed just under half of tax returns from 2022 were still outstanding, with 11% from 2020 still waiting to be completed. ... Send your story ideas to channel.islands@bbc.co.uk ...