JER States Income Tax Threshold MNEs


On Dec. 10, JER States announced minimum amount for MNE groups.


  • JER States published the Multinational corporate income tax (chargeable MNE group – minimum threshold amount) (Jersey) order 2024 (R&O.77/2024).
  • Sets the minimum threshold amount for chargeable multinational enterprise (MNE) groups to £100,0000 under the Multinational corporate income tax (Jersey) law 202-.
  • Document dated Dec. 10, 2024, received from JER States Dec.11, summarized Dec.12.
  • Effectiveness
  • The order comes into force on Jan. 1, 2025.

Regulators JER States
Entity Types Auditor; Corp
Reference Ord R&O.77/2024, 12/10/2024; Citation: R&O.77/2024;
Functions Accounting; Compliance; Financial; Legal; Operations; Reporting; Tax
Countries Jersey
Category
State
Products Corporate
Regions EMEA
Rule Type Final
Rule Date 12/10/2024
Effective Date 1/1/2025
Rule Id 236795
Linked to N/A
Reg. Last Update 12/10/2024
Report Section UK

Last substantive update on 12/16/2024