Public unit trusts and investment companies resident in Jersey can be exempt from local income tax. Exempt investment funds are subject to certain conditions including:

  • Managerial and secretarial services must be provided to the company by resident managers in return for an arm's length fee.
  • Income tax must be deducted from dividends paid to Jersey-resident investors and paid over to the Jersey tax authorities.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.