01/16/2023

Alternative tax package promises greater States savings

Their plans would set in train reviews of corporate tax and what government does, as well as quickly close the public sector pension scheme to new entrants in favour of an alternative package with less risk to the taxpayer.

01/12/2023

Tax analysis advised in Luxembourg after Budget law passed

The changes affect Luxembourg tax transparent entities operating in Luxembourg with foreign shareholders where those shareholders hold at least 50% of voting rights or capital in the Luxembourg entity or hold entitlements to at least 50% of its profits.

01/05/2023

Tax debate hots up as deputies face the public

That will focus on corporate tax reform as an alternative to a GST - Deputy Parkinson has argued in favour of a territorial corporate tax system instead of the current zero-10 arrangements to raise more revenue.

12/15/2022

Jersey Recognised for Tax Cooperation

Jersey has received the highest rating available in an assessment of its practical implementation of the Common Reporting Standard (CRS) in a report published.

12/12/2022

Govt must reform inequitable tax regime

Besides VAT evasion, the revenue system is plagued with rampant direct tax evasion. About a third of the individuals who have a taxpayer’s identification number submit their income tax returns.

12/08/2022

Tax details are "being lost in the public debate"

The committee believes that "many people" will be better off as a result of this package of measures and it is also warning that "if we do nothing, we’re genuinely concerned that (providing essential services) won’t be possible.

11/30/2022

Former Vice President reveals opposition to P&R tax plan

Speaking to Express this morning in her first interview since resigning last month, Deputy Soulsby revealed the frustrations which caused her to leave the States' senior committee two years after it was elected.

11/28/2022

Tax proposals out today

The proposals will be published at 12:00 with a breakdown of the details and analysis provided by Express.

11/28/2022

‘Tax the billionaires’

A quick wealth tax of 10 per cent on all billionaires would, based on the above numbers, raise at least £60 billion.

11/28/2022

Is corporate tax the answer?

Currently, taxes on corporate income make up 10% - approximately £50m - of Guernsey’s annual tax take, even considering the 0% headline rate applied to some enterprises under the zero-10 regime.