Guernsey's new "zero-ten" tax system is on track to be introduced in January 2008, ministers have said. Commerce and Employment Minister Stuart Falla and Treasury Minister Lyndon Trott were speaking at a public seminar on the technicalities of the system.
Corporation tax is set to be scrapped in January, and instead some companies would pay 0% tax and others taxed 10%.
The States hopes the move will maintain Guernsey's attractiveness as a place to do business.
Offshore jurisdictions such as Jersey and the Isle of Man have already decided to adopt a similar arrangement.
One-Minute World News 
News services
E-mail this to a friend 
Printable version 
Bookmark with:
What are these?