HC Deb 16 March 1979 vol 964 cc343-4W
Mr. Gould

asked the Secretary of State for the Home Department what action has been taken on the recommendation by the 1973 Royal Commission on the constitution that an inquiry should be held into the status of Jersey as a tax haven.

Mr. Merlyn Rees

Two members of the Royal Commission suggested, in a memorandum of dissent, that such an inquiry should be undertaken, but the majority made no recommendation for change in economic relationships. They recognised that the comparatively low rates of Island tax implicitly provided an opportunity for abuse, but drew attention to the ample statutory powers of the United Kingdom taxation authorities to deal with it. The operation of these powers is under continuous review.

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