Decent proposals

On 22 November 2002, the States of Guernsey Advisory and Finance Committee (A&F) published a Budget Supplement containing the outline of its proposed reform of the island's taxation system. The proposals are still in the planning stage, but have been generally welcomed by the finance industry as they maintain Guernsey's competitiveness as an offshore centre. The proposals are designed to maintain and enhance the island's competitive position as a financial centre, which in turn supports the economic and social wellbeing of the island in general. The proposals are intended to addres...