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  • The Implications of Coronavirus on Economic Substance

    A pragmatic and reasonable approach

Article:

The Implications of Coronavirus on Economic Substance

03 March 2020

Revenue Jersey has issued guidance with regards to the implications of Coronavirus on Economic Substance determinations and the impacts on tax residence of companies. The measures, which seek to reassure companies that are temporarily unable to meet the tests set out in Jersey's economic substance legislation, represents a pragmatic and reasonable approach. We anticipate these will be broadly welcomed by the business community.

Read the full details of the release from Revenue Jersey here.