EUSD - European Union Savings Directive

Jersey has entered into bilateral agreements with all European Union countries to deduct tax (known as a retention tax) from the interest payments made to people resident in an EU member states.

Alternatively, an individual can provide information about the savings income they receive in Jersey to the relevant authorities in the EU country they officially live in.

The available options for providing this information and some 'Frequently Asked Questions' are included under the headings below.

Paying Agents in need of further information may wish to view - 'Taxation (Agreements with European Union member states) (Jersey) Regulations 2005' by using the 'Jersey legal information board' link below.