Jersey chief minister tells Biden to 'look closer to home' on global tax plan

Mark Battersby
clock • 1 min read

Jersey's chief minister John Le Fondré has suggested the US president should be looking "closer to home" before attempting to impose a minimum tax on jurisdictions elsewhere in the world, in an interview with i on 16 May. Le Fondré said: "Some people need to look closer to home before involving themselves in the tax policies of others. Take Delaware for example. Perhaps the US should look at states like Delaware before telling the rest of the world to do." While President Biden is proposing a 21% minimum global business tax rate, talks are ongoing at the OECD on a global revamp of tax...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


More on Taxation