Jersey hits back over claims it 'causes $8bn worth of tax losses'

Pedro Gonçalves
Jersey hits back over claims it 'causes $8bn worth of tax losses'

The Tax Justice Network's Corporate Tax Haven Index 2019 estimates Jersey is responsible for the loss of almost $8bn of tax revenues in other countries. The report claims Jersey ranks as the 15th jurisdiction most responsible for "global tax losses", accounting for 1.85% of the $427bn that is lost to tax havens worldwide. Jersey is accused of "inflicting" $7.9bn of tax losses on other countries - $4.5bn through ‘corporate tax abuse' and $3.4bn through enabling "private tax evasion" for ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?