Guernsey:
Guidance On The Approach To Trust Mistake Cases Based On Popular Tax Planning Schemes
To print this article, all you need is to be registered or login on Mondaq.com.
A recent judgment has made clear that when seeking to set aside
a transaction on the basis of mistake in Guernsey where the
underlying reason that the transfer took place was to engage in
legitimate tax planning methods the Royal Court is unlikely to find
that this would be a public policy reason justifying the refusal of
the relief. This is a decision which will be of particular interest
to lawyers and other advisors considering the possibility of such
applications succeeding.
Read more
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Wealth Management from Guernsey
Video Series On The Irish ELTIF | Episode One
Dillon Eustace
In this three-part video series, Brian Kelliher, Cillian Bredin and Derbhil O'Riordan provide an overview of some of the key features of the Irish ELTIF, including its liquidity profile.
Video Series On The Irish ELTIF | Episode Three
Dillon Eustace
In this three-part video series, Brian Kelliher, Cillian Bredin and Derbhil O'Riordan provide an overview of some of the key features of the Irish ELTIF, including its liquidity profile.