Channel Eye
  • Channel Eye Carers
  • Channel Eye Careers
  • Channel Eye Careers
  • Channel Eye Carers
  • Channel Eye Careers
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
No Result
View All Result
Channel Eye
No Result
View All Result
  • Channel Eye Carers
  • Channel Eye Careers
  • Channel Eye Carers
  • Channel Eye Careers
Home Location Guernsey

Guernsey comes up trumps at US conference

April 11, 2018
in Guernsey
Share on LinkedInTwitterFacebookEmail

Donald Trump’s pro-business agenda may create opportunities for Guernsey in the US.

Trust Corporation International directors Michael Betley and Andréa Daley Taylor attended the 14thannual International Estate Planning Institute in New York, jointly staged by STEP New York and the New York State Bar Association.

Guernsey Finance deputy chief executive Kate Clouston was also part of the delegation and Trust Corporation International was gold sponsor of the conference, which brings together experts from around the world to discuss the latest developments in cross-border estate planning with a US component.

The US domestic market is currently more buoyant thanks to recently enacted legislation including cuts in the corporate tax rate, Mr Betley said.

“There is a better outlook in the US for domestic operators thanks to reduced corporate tax rates and President Trump’s efforts to reduce the level of bureaucratic red tape,” he said.

“Significant steps have been taken to keep wealth within the US and many of the new tax initiatives are aimed at repatriating the assets of corporations and individuals. Many in the US are therefore looking at onshore structures in order to comply with the latest legislation, which is a service that we offer in the US and have for some time.”

Trust Corporation’s US offering is well established and the firm has been working in the region for many years; experience which has enabled it to develop services to benefit US-based clients especially in times of rapid legislative change.

“One of the principal talking points at the Institute this year was Global Intangible Low Taxed Income (GILTI), a new category of income that was devised and incorporated into tax law very quickly. It affects US tax payers with foreign business interests so presents another opportunity for firms like ours,” Mr Betley said.

“Estate planning is becoming an increasingly global exercise and the US is still a popular choice because of the draws of education, investment opportunity and, especially on the West coast, innovation and technology. These are all pull factors to the US so the number of wealthy individuals, families and corporations globally with an American touchpoint is increasing.”

Guernsey’s reputation as a politically stable jurisdiction which is strong on regulation and compliance with international standards is still helping firms in the island win business from the US.

“Speaking to people at the conference has given us great confidence in the work we’re doing in the US and has reaffirmed Guernsey’s reputation for quality work and robust regulatory structures,” said Ms Daley Taylor.

ShareTweetShareSend

Channel Eye Media

Related Stories

Citywealth Forum 2025 highlights Jersey’s role in wealth management
Financial Services

Citywealth Forum 2025 highlights Jersey’s role in wealth management

May 23, 2025
New Chair of Skills Board appointed
Appointments

New Chair of Skills Board appointed

May 23, 2025
Mourant celebrates four years of purposeful partnership with Ocean Culture Life
Charity & Community

Mourant celebrates four years of purposeful partnership with Ocean Culture Life

May 23, 2025
Next Post

Jersey mortgage centre celebrates first year

KPMG
Channel Eye subscribe
  • Channel Eye
  • Channel Eye Careers
  • List your event
  • Channel Eye Careers
  • Channel Eye Careers
  • Channel Eye
  • Channel Eye Careers

Be the first to know​

Subscribe to the essential islands business news, direct to your inbox every morning​
  • Business
  • Careers
  • Events
  • Lifestyle
  • Subscribe
  • Advertise
  • Directory
  • Privacy Policy
  • Contact

©2025 Channel Eye Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All Events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
  • Contact

©2025 Channel Eye Limited.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.