QROPS News Update. Guernsey to Fight Unfair QROPS Rules
Guernsey are to fight the unfair rules that HMRC have drafted for QROPS on April 6th, 2012. Guernsey, who have a clean record with regards to QROPS find themselves in an awkward position following HMRC imposing "Condition 4" which means that residents and non-residents in any jurisdiction should be taxed the same in order for a QROPS scheme to be approved. HMRC are basically holding Guernsey to ransom and imposing tax laws on the island that the local government don't want. Guernsey are trying to fight the legislation from going
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