We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Tax Residence Means Physical Presence, UK Isles Say

Law360 (August 9, 2018, 3:54 PM EDT) -- Banks, insurers and company headquarters wanting to be taxed in the British dependencies of Jersey, Guernsey and the Isle of Man may have to show they hold physical board meetings and have sufficient staff on the islands as of next year, recently published government documents show.

The Isle of Man, Jersey and Guernsey seek to avoid being blacklisted as tax havens. Beachgoers walk along a tidal causeway in the town of Peel on the Isle of Man. (AP) The three U.K. crown dependencies, in bids to avoid being blacklisted...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.