Jersey and the Global Minimum Tax – the OECD Pillar Two Rules

What you need to Know

• Jersey has adopted legislation to implement the OECD Pillar Two rules in 2025.
• The new legislation will result in some entities being subject to a tax in Jersey if they meet prescribed conditions.
• There are exceptions for securitisation entities and investment funds. These should exempt a significant amount of the international financial sector.
• The laws should be kept under review and advice confirming the application should be sought.
• Maples Group is actively engaged with the implementation of this issue in Jersey as well as in other jurisdictions and can provide advice. Our Jersey practice is working closely with our global tax teams, leveraging our existing knowledge on Pillar Two implementation in Ireland, Luxembourg and other jurisdictions, with particular focus on investment funds, financial services and multinationals, to provide a unique perspective on the impact of Pillar Two both in Jersey and globally.