Guernsey Finance Welcomes Tax Consultation Document

The Guernsey Government's publication of a consultation document on its future corporate tax regime has been welcomed by the promotional agency for the Island's finance industry.

Peter Niven, Chief Executive of Guernsey Finance, believes that it is a major step towards indentifying a corporate tax regime which is both internationally compliant and remains competitive.

"Publication of the consultation document is positive news for the Island's finance industry," said Mr Niven.

"It is important that we adopt a corporate tax package which maintains and indeed enhances the business flows into the Island and I am confident that this demonstrates we are making significant progress towards establishing a regime that is both internationally compliant and competitive."