The tax office have revised their deemed taxation on investments designed to benefit from a capital gain. Historically, there was an assumption that if you made an investment of this nature it was to avoid tax. This has now been waived.
More info here:
https://www.gov.je/TaxesMoney/IncomeTax/Technical/Guidelines/Pages/CapitalAccumulationProductsTaxInfo.aspx?
Changes to capital gain investment schemes
The tax office have revised their deemed taxation on investments designed to benefit from a capital gain. Historically, there was an assumption that if you made an investment of this nature it was to avoid tax. This has now been waived.
More info here:
https://www.gov.je/TaxesMoney/IncomeTax/Technical/Guidelines/Pages/CapitalAccumulationProductsTaxInfo.aspx?
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