Jersey removed from French list of non-cooperative jurisdictions

December 23, 2013

Ogier are pleased to confirm that the French Government has announced that Jersey will not appear on a list of jurisdictions that are considered non-cooperative in exchanging tax information.

Businesses, structures and investment vehicles with Jersey and French interests will therefore not face sanctions or be subject to a withholding tax under measures that were provisionally anticipated to be brought into effect by France from 1 January 2014.

Further details are provided by Jersey Finance here and the States of Jersey here.  For further information please contact your usual Ogier contact.