On 14 December 2016, the Jersey States Assembly approved the budget measures for 2017, the regulations for Country-by-Country (CbC) reporting, and the ratification of the Multilateral Competent Authority Agreement on the Exchange of CbC Reports.
2017 Budget Measures
The main tax-related budget measures include:
- The introduction of unilateral double taxation relief on the basis of domestic legislation for companies subject to tax at 10% or 20% from 2017 (currently relief generally only gra…