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Channel Islands: Economic substance questions in corporate tax return (Guernsey)

Channel Islands: Economic substance questions

Guidance from the tax authority reflects that economic substance questions are to be included in future corporate tax returns.


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The Guernsey Revenue Service in early October 2019 published guidance [PDF 778 KB] concerning economic substance information that will be required as part of the Guernsey corporate tax return. The questions included in the guidance will need to be answered in corporate tax returns for accounting periods beginning on or after 1 January 2019.

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