Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009

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A decision made 15 December 2009 regarding: Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009.

Decision Reference: MD-TR-2009-0211
Decision Summary Title:	DS - Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009		Date of Decision Summary:	15/12/2009
Decision Summary Author:	Tax Policy Advisor		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:
Written Report Title:	WR - Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009		Date of Written Report:	15/12/2009
Written Report Author:	Tax Policy Advisor		Written Report : Public or Exempt?	Public
Subject: Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009
Decision(s): The Minister made the Taxation (Land Transactions) (LTT statements and receipts) (Jersey) Order 2009.
Reason(s) for Decision: The Order is a legal requirement for Land Transactions Tax to come into effect on 1 January 2010. It prescribes the information and particulars of the LTT Statement and LTT receipt.
Resource Implications: It is expected that LTT will raise in the region of £1m to £2m a year. Only a broad estimate is possible given the data available on share transfer transactions. There are no other financial implications. There are no additional manpower implications as a result of this decision because the administration of LTT will be absorbed by the current manpower resources in the Treasury department.
Action required: Notify the Greffe and the Draftsman that the Order has been made and forward the signed and sealed Order to the Greffe for archiving.
Signature:		Position: Senator P F C Ozouf, Minister for Treasury and Resources
Date Signed:		Date of Decision: