Jersey trust rulings may consider tax ethics
Posted by mostafa on 8 September, 2015
No comments yet
This item was filled under Tax
The Jersey Royal Court may take into account the ethics of aggressive tax avoidance in its future rulings on trusts, as a result of the decision in IFM Corporate Trustees Ltd v Helliwell and Mountain (2015 JRC 160).
The case concerned an application to rectify a trust. It was an employee benefit scheme in which the UK employer made …