David Crosland

Sep 25, 2024 | lexology.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey |David Crosland |Tony Lane | +1 more

Taxation in Guernsey is the responsibility of the Director of the Revenue Service in Guernsey and the principal legislation is contained in the Income Tax (Guernsey) Law, 1975 as extensively amended since 1975. Guernsey does not levy any form of capital gains tax, inheritance tax or value added tax. No stamp or document duty, or transfer tax, is payable in respect of companies, unit trusts or limited partnerships that are collective investment schemes.

May 1, 2024 | lexology.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Matthew Brehaut |Tom Carey |David Crosland | +2 more

Private Investment funds are one of the three types of Guernsey funds[1]. The Protection of Investors (Bailiwick of Guernsey) Law, 2020 (the “POI Law”) grants the Guernsey Financial Services Commission (the “GFSC”) the ability to develop different classes of funds and determine the rules applicable to such classes. Private investment funds (“PIFs”) are subject to The Private Investment Fund Rules and Guidance, 2021 (the “PIF Rules”). PIFs can be open-ended or closed-ended.

Apr 18, 2024 | lexology.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey |David Crosland |Tony Lane | +2 more

Registered funds are one of the three types of Guernsey funds[1]. The Protection of Investors (Bailiwick of Guernsey) Law, 2020 (the “POI Law”) grants the Guernsey Financial Services Commission (the “GFSC”) the ability to develop different classes of funds and determine the rules applicable to such classes. Registered funds are subject to:The Registered Collective Investment Schemes Rules 2021 (the “RCIS Rules”);Registered funds can be open- ended or closed-ended.