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Landsbanki Guernsey Limited (in Administration)
24 August 2010
Jersey Tax
The Joint Administrators approached the Jersey Income Tax Office with a view to obtaining concessions for Jersey Tax payers in relation to the treatment of unpaid bank interest. Whilst the Tax Office have given positive feedback to the Joint Administrators, it is unlikely that a formal Statement of Practice will be issued in Jersey. As such depositors resident in Jersey should take this matter up directly with the Jersey Tax Office.
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