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David Kern, Economic Adviser of the Chamber of Commerce endorsed the plans of Great Britain Jersey cut corporate tax and introduce a tax on goods and services. According to Kern, a tax on goods and services and reducing the corporate tax will help Jersey to strengthen its key industries - financial services sector.

Indeed, the reliance on taxes on goods and services as a major tax for the replenishment of the budget is correct. The economic arguments in favor showed consumption tax, rather than increasing the tax on income and profits. A tax on goods and services Jersey will introduce next spring. The tax rate - 13%. It is estimated that it will bring about 45 million pounds, which will be used to finance the sector utilities.

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