The hoped-for early festive present from European finance ministers will not arrive in time for Christmas.
It’s after ECOFIN delayed endorsing the Island’s zero-10 regime.
The body had been expected to approve the revised corporate tax scheme, following the recommendations of the EU Code of Conduct Group.
However, the item was removed from ECOFIN’s agenda until next month.
Chief Minister Allan Bell says we shouldn’t be unduly concerned.
Earlier this year, an element of zero 10, the Attribution Regime for Individuals, was killed off after European countries claimed gave the Island a harmful tax system.
Disruption at Ronaldsway airport following incident with light aircraft
Hopes for better working relationship between government and hospitality sector
'A lot of work to do' on low income housing
Public servants killed in the line of duty eligible for new award
Multi-million pound Villiers development recommended for approval
Rosalind Ranson row draws to a close
