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Jersey Publishes Economic Substance Law as Enacted

|Approved Changes|Jersey
Jersey

Jersey has published the Taxation (Companies – Economic Substance) (Jersey) Law 2019 as registered by the Royal Court (enacted) on 22 March 2019. The law provides for the introduction of an economic substance test on Jersey resident companies and for determining whether the test is met by assessing the extent of certain relevant activities carried out by such companies and taking appropriate enforcement action ({News-2018-12-18/A/4-previous coverage}). The law is in force from 1 January 2019…

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