Insurance Post

EU placated as Guernsey repeals "harmful" tax provisions

Peter Harwood

Guernsey's revised zero-10 corporate tax regime has been given a clean bill of health by the European Union after previously being deemed harmful by regulators.

An April meeting of the EU Code of Conduct Group on Business Taxation concluded that the deemed distribution provisions meant Guernsey's zero-10 corporate tax regime was harmful.

At the end of June

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