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Double Taxation Relief (Arrangement with the United Kingdom) (Jersey) Act 201-: Amendment

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

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A decision made 21 June 2016:

Decision Reference:   MD-ER-2016-0020

Decision Summary Title :

Draft Double Taxation Relief (Arrangement With The United Kingdom) (Jersey) Act 201- (P.51/2016): Amendment

Date of Decision Summary:

1 June 2016

Decision Summary Author:

External Relations

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 

Written Report

Title :

Draft Double Taxation Relief (Arrangement With The United Kingdom) (Jersey) Act 201- (P.51/2016): Amendment

Date of Written Report:

1 June 2016

Written Report Author:

Law Draftsman

Written Report :

Public or Exempt?

Public

Subject: 

To give effect to an Amendment to the Arrangement which amends the 1952 Arrangement between His Majesty’s Government and the States of Jersey for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income

Decision: 

The Minister for External Relations approved for lodging au Greffe the Draft Double Taxation Relief (Arrangement With The United Kingdom) (Jersey) Act 201 – (P51/2016): Amendment

Reason(s) for Decision:

To give effect to an Amendment to the Arrangement which amends the 1952 Arrangement between the UK and Jersey for the Avoidance of Double Taxation so that non-resident owned Jersey companies engaged in development in the UK will be subject.to the same tax on development gains as a UK resident owned company.

Resource Implications:  

There are no financial or manpower implications for the States arising from the adoption of this Amendment.

Action required:

The Greffier of the States to be requested to arrange for the Amendment to be lodged ‘au Greffe’.

Signature: 

 

 

 

Position: 

Minister for External Relations

Date Signed:

 

 

 

Date of Decision (If different from Date Signed):

 

 

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