Jersey's Corporate Tax Consultation Extended

by Amanda Banks, Tax-News.com, London

01 September 2010

An extension has been announced to the consultation period in respect of the review of Jersey’s 0/10% business tax regime, as necessitated by the EU Code of Conduct Group on Business Taxation.

In a statement on August 26, the island’s Treasury Minister, Phillip Ozouf announced that the deadline for submissions on the business tax green paper would be extended by two weeks. He said: "This is an important and complex subject and I am happy to respond to representations received and extend the consultation period."

According to local media reports, discussions held between the Jersey government and interested parties have received unexpectedly high attendances, to the extent that extra meetings with the public on the issue have been arranged.

Under the extension, the interested parties now have until September 13, 2010, to comment on the green paper.

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Tags: tax | offshore | business | banking | financial services | tax havens | international financial centres (IFC) | corporation tax | Jersey | fiscal policy | services

 






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