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Guernsey Adopts OECD's Global Minimum Tax Rate of 15%

Guernsey has passed legislation to implement the OECD's global minimum tax rate of 15%, known as "Pillar 2", which will apply for fiscal years commencing on or after 1 January 2025....more

Jersey-registered Limited Liability Companies LLCs in financing transactions

Limited Liability Companies ("LLCs") offer flexibility and familiarity to investment fund, corporate and finance industry participants, particularly those in the US market. US federal tax 'check-the-box' treatment is...more

Jersey Funds Law SeriesJ: Jersey Managers and Funds Marketing into Europe and the UK

As Jersey is considered from a UK and an EU perspective to be a "third country", it is outside the scope of full compliance with the AIFMD and can take advantage of the NPPR marketing routes. A Jersey domiciled AIFM will...more

Jersey Funds Law Series: Investment Fund Structures - Which one to choose?

Jersey has a long-established reputation as a fund domicile for alternative investment funds. The most popular fund structures in Jersey include companies (whether single class, multi-class, umbrella, incorporated and...more

Jersey and Guernsey response to Pillar Two Framework on global tax rates

Guernsey and Jersey have today issued a joint statement with the Isle of Man on their intentions to implement the OECD global initiative to set a minimum effective tax rate for the world’s largest multinational enterprises,...more

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