Jersey zero-ten tax system at 'sell-by date'

Jersey's zero-ten company taxation system is nearing its ‘sell-by date' and needs to be reformed to improve the Island's international reputation, a former Jersey senator has said. Ben Shenton, who is now an investment adviser, has called for a conversation to start on the issue, outlining his concerns that the system, which allows many Jersey-registered companies to pay no corporation tax, was reinforcing the perception held by many that the Island was a "tax haven", the Jersey Evening Post reported on 12 April.  But Joe Moynihan, chief executive of Jersey Finance, said in response t...