Captain FABERasked the Chancellor of the Exchequer if he will state whether persons living in Jersey for six months and one day are exempt from any tax on foreign investments?
§ Mr. MASTERMANPersons resident in Great Britain would not be exempt from any tax on foreign investments because they lived in Jersey for six months and one day.
§ Mr. MASTERMANThe answer to the question was that persons resident in Great Britain would not be exempt because they lived in Jersey for six months and one day.