A leading tax expert has welcomed a government statement, rebutting any idea of Capital Gains Tax being introduced in the Island.
Treasury officials say the withdrawal of two concessions, and the strict treatment of an income distribution, does NOT add up to Capital Gains.
The measures follow the withdrawal of the Attribution regime from the Zero 10 system.
Phil Dearden is the managing director of PKF:
Investigation underway after customers report milk carton difficultiesÂ
Creamery apologies for cap issue
The Efficiency Trap: Why AI isn't saving us time
We were promised a 15-hour work week - so why does it feel like we're working more?
Understanding future technology trends 'essential' for election candidates
Event organisers highlight key opportunities and challenges for the Island
Bill will modernise employment and economic activity in the gambling sector
House of Keys agreed amendments made to document by the Legislative Council
