Jersey consults on tax transparency and cryptoassets

The government of Jersey has published an overarching automatic exchange of tax information paper which effectively launches consultations on the following three themes:

introduction of legislation to implement the OECD Cryptoasset Reporting Framework in Jersey;
implementation of changes to the Common Reporting Standard for the automatic exchange of tax information; and
proposals to ‘improve the effectiveness and efficiency’ of the administration of automatic exchange of tax information in Jersey.

Comments are invited (including from tax advisers and representative bodies) until 13 February 2025.

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The government of Jersey has published an overarching automatic exchange of tax information paper which effectively launches consultations on the following three themes:

introduction of legislation to implement the OECD Cryptoasset Reporting Framework in Jersey;
implementation of changes to the Common Reporting Standard for the automatic exchange of tax information; and
proposals to ‘improve the effectiveness and efficiency’ of the administration of automatic exchange of tax information in Jersey.

Comments are invited (including from tax advisers and representative bodies) until 13 February 2025.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes: