May 27th, 2010
News reaches me of a meeting of the EU’s Tax Code of Conduct Group, held last week.
This Group was established to monitor compliance with the
EU Code of Conduct on Business Taxation – established in 1997.
Aficionados of this blog will know that in the wake of publication of this Code – with which the UK’s Crown Dependencies are obliged to comply since they are part of the UK for these purposes – The Isle of Man, Jersey and Guernsey (in that order) announced plans to create what were described as zero/ten...
April 9th, 2010
It’s really very strange to note that Jersey Finance have issued a report criticising Christian Aid’s reports on transfer mispricing. There are a number of very good reasons for thinking it so, even before I turn to the deficiencies in the report they have issued.
First of all, what, might one ask, has this to do with Jersey? It’s a good question, because it does not feature in those reports Christian Aid have issued. Nor would it seem likely that it should. Christian Aid’s work relates to mispricing of goods, not services. More than 50% of Jersey’s GDP is generated...
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October 29th, 2009
Much as expected, the
Foot report into the Crown Dependencies and the Overseas Territories is disappointing. Appoint the wrong man to do the job – and Michael Foot was always the wrong man to do this job – and he has even
defected to the Tories whilst undertaking it in an extraordinary show of poor etiquette – and you will get the wrong answers. How could a man who makes his living from offshore have ever done this job?
But the report, none the less seeks to delivers some small punches. It is, for example, adamant...
August 24th, 2009
In the lead up to the G20 meeting in London this past spring, people from all over Europe
descended on the small island of Jersey to raise awareness of its role as a tax haven. Filmmaker Zoe Young has now turned her footage of the event into a great
video called "Banking in the Shadows .. a Trip to Jersey." Check it out:
