Jersey P&R President Granted Authority To Sign US Tax Treaty
The Jersey Evening Post reported this week that Policy and Resources Committee
President, Senator Pierre Horsfall will be travelling to the United States in
early November to sign an international tax treaty; the first time that the
jurisdiction has been able to do this on its own behalf. Although the signing of the agreement has been in the pipeline for some time
now, it was first necessary for the United Kingdom to sign a letter of entrustment.
Senator Horsfall also needed to receive the approval of the Jersey States authorities
to sign the document on their behalf, and this was granted on Tuesday. Speaking to the JEP this week regarding the P&R chief's forthcoming visit
to Washington, Senator Christopher Lakeman described the situation as 'entirely
novel', and suggested that such a move on the part of the UK government clearly
indicates its awareness of Jersey's growing maturity as a player on the international
stage. .
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