The island strategy will come before the States at the end of June

Less than 30 people attended a meeting on Wednesday night about plans to scrap corporation tax for many businesses and only charge 10% for some companies.

Minister Lyndon Trott said it showed most taxpayers had made up their minds.

But some politicians have warned that the plans were still too simple and complicated issues were not considered.

�50m deficit

Guernsey States is planning to abolish corporation tax in 2008 to keep the island competitive as an off-shore banking centre in its Future Economic and Taxation Strategy.

The strategy also proposes ways to fill projected budget deficits of up to �50m caused by scrapping the tax.

Minister Trott said he believed that the reason not many people had talked to him was because the majority was behind the strategy.

He said: "The number of approaches that I have had hasn't reached double figures yet, and that can be interpreted in this case as a fairly strong support for the proposals as they are presently constituted."

Watertight system

But long-time critic of the strategy, Deputy Charles Parkinson, said that the Policy Council still had not considered some complicated situations, such as companies leaving the island for a number of years and then returning so as not to be taxed on profits during their time on Guernsey.

He said: "You cannot operate a tax system that has very simple rules, they don't create a watertight system."

Two more public meetings about the strategy are still due to be held on 15 and 22 June.