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GST legislation - regulations issued under Part 12, of the law covering treatment of the Financial Services Industry (FSI).

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A decision made (15/01/2008) regarding: GST legislation - regulations issued under Part 12, of the law covering treatment of the Financial Services Industry (FSI).

Decision Reference: MD-TR-2008-0004

Decision Summary Title:

Goods and Services Tax – Financial Services Industry – Law & Regulations

Date of Decision Summary:

12th January, 2008

Decision Summary Author:

Steve Lowthorpe – Director GST (Income Tax)

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

Steve Lowthorpe – Director GST (Income Tax)

Written Report

Title:

Goods and Services Tax – Financial Services Industry - Regulations

Date of Written Report:

12th January, 2008

Written Report Author:

Steve Lowthorpe – Director GST (Income Tax)

Written Report :

Public or Exempt?

Public

Subject:

The GST legislation – regulations issued under Part 12 of the law covering treatment of the Financial Services Industry (FSI)

Decision(s):

The Minister approved the draft Goods and Services Tax (International Services Entities) (Jersey) Regulations 200- and asked that they be lodged ‘au greffe’ on 15th January 2008, for States debate on the 26th February 2008.

Reason(s) for Decision:

To complete the supporting legal framework covering the treatment of Financial Services Industry under the GST system which will be implemented as from 1st May 2008

Resource Implications:

No further resource implications, over and above those originally detailed, to implement the GST Legislation.

Action required:

Send report and regulations to the Publications Editor at the Greffe.

Signature: 
 
 

Position: Senator Le Sueur, Minister for Treasury & Resources 
 
 

Date Signed: 15th January 2008

Date of Decision: 15th January 2008

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