This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below.
Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers.
Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
Jersey Foundations Law Published,
by Robert Lee, Tax-News.com, London
Monday, June 29, 2009
The text of the Foundations (Jersey) Law 2009 has been released for public
viewing ahead of establishment of Jersey’s first foundation following the
Privy Council’s approval of the text in mid-June. A consultation paper
setting out the proposed registration and process fees for foundations has been
issued by Jersey’s Financial Services Commission.
Broad agreement from industry has been obtained via the Foundations Working
Group that fees for foundations should track, where similarities exist, those
currently set for Jersey companies.
In order to be consistent, amendments are being proposed to other Registry
Fees Notices, with respect to searches, to bring them into line with the proposed
search fees for foundations.
Foundations are commonly used for wealth management, and residents of jurisdictions
like the Middle and Far East are more familiar with foundations than with trusts,
which do not exist in their legal systems.
Welcoming the Privy Council’s decision in a prior statement, Economic
Development Minister Alan Mclean said: “More than ever, in these difficult
times, we need to do what we can to support and diversify the island’s
Finance Industry. I am pleased that Jersey is the first of the Crown Dependencies
to bring in Foundations, and we hope this kind of innovation will help to protect
and develop the industry that pays for more than half of Jersey’s essential
services.”
Responses to the consultation paper are invited and should be provided in writing
to either the Commission or Jersey Finance Limited in accordance with the timescales
stated in the consultation paper, which is available from the Jersey Financial
Commission’s website. The Foundations (Jersey) Law 2009 is accessible
through Jersey’s dedicated law site – Jerseylaw.
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
Click here for a brief introduction
to RSS and instructions on how to get the Tax-News feed.
IMPORTANT NOTICE: THE LOWTAX NETWORK has
taken reasonable care in sourcing and presenting the information contained on
this site, but accepts no responsibility for any financial or other loss or damage
that may result from its use. In particular, users of the site are advised to
take appropriate professional advice before committing themselves to involvement
in offshore jurisdictions, offshore trusts or offshore investments. All materials
on this site copyright THE LOWTAX NETWORK 1999 to 2010. Contact
us for further information.