Double Taxation: Crown Dependencies

(asked on 14th November 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department took steps to seek to include an increase in transparency for beneficial ownership registers in the negotiations for the double taxation treaties with Jersey, Guernsey and the Isle of Man.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 19th November 2018

Beneficial ownership registers are outside of the scope of a double taxation treaty and so did not feature in the negotiations with Jersey, Guernsey or the Isle of Man. Double taxation treaties are based on the Organisation for Economic Cooperation and Developmentā€™s Model Tax Convention, which does not include beneficial ownership registers.

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