No changes to tax regime can be ruled out – Treasury
IT WOULD be 'foolhardy' for government to rule out changes to the zero-10 tax system, the Treasury minister has said.
Published
Deputy Gavin St Pier was responding to islanders' questions about the 2015 Budget during a live Guernsey Press web chat yesterday.
When asked if government was going to send a clear message that it had stopped tinkering with corporate tax rates, he responded: 'It would be foolhardy for any government to rule out any changes in its tax system at any point in the future.
'The international tax scene is a fast-moving one – and indeed it has changed a lot since zero-10 was approved in 2006.
He added a responsible government had to keep a lookout for threats and changes.
