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4.3. Branch Profit (Deemed Remittance) Tax

Income of the branch from its business activities in Guernsey is subject to corporation tax, as applicable to a resident company depending on the type of business activities conducted in the country.

There is no remittance tax or branch profit tax on the (deemed) remittance of after-tax profits from the branch to the foreign head office, provided no resident individual has interest in the foreign company.