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Property Tax Review Report

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A decision made on 15 July 2014:

Decision Reference:  MD-TR-2014-0075

Decision Summary Title:

Property tax review – publication of Green Paper and PwC Paper

Date of Decision Summary:

10 July 2014

Decision Summary Author:

Deputy Director - Tax Policy

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Property tax review – publication of Green Paper and PwC Paper

Date of Written Report:

10 July 2014

Written Report Author:

Deputy Director - Tax Policy

Written Report :

Public or Exempt?

Public

Subject: Publication of a Green Paper on property taxation, the PwC paper entitled “Property Tax Review” and the associated press release alongside the draft 2015 Jersey Budget.

Decision(s): The Minister approved the publication of the Green Paper entitled “Property Tax Review Green Paper”, the PwC paper entitled “Property Tax Review” and the associated press release alongside the draft 2015 Jersey Budget.

Reason(s) for Decision:  The Minister for Treasury and Resources has committed to publishing a green paper on property taxation alongside the draft 2015 Budget.  The Budget is to be lodged in the week commencing 14 July 2014.

Resource Implications: None.

Action required: The Greffier of the States is requested to present the attached Property Tax Review Green Paper, the PwC report entitled “Property Tax Review” and the press release together alongside the 2014 Budget Statement.

Signature:

 

 

 

Position: Senator  P F C Ozouf, Minister for Treasury and Resources

              

Date Signed:

 

Date of Decision:

Property Tax Review Report

Treasury and Resources

Ministerial Decision Report

 

 

 

Property tax review – publication of green paper

 

 

  1.               Purpose of Report

The purpose of this report is to obtain the permission of the Treasury and Resources Minister to publish the Green Paper on property taxation, the PwC paper entitled “Property Tax Review” on the same day as the draft 2015 Budget is lodged, and to issue the associated press release.

 

  1.               Background

The Minister for Treasury and Resources has committed to publishing a green paper on property taxation alongside the draft 2015 Budget.  The Budget is to be lodged in the week commencing 14 July 2014.

 

  1.               Recommendation

The Minister is recommended to approve the publication of the Green Paper entitled “Property Tax Review Green Paper”, the PwC paper entitled “Property Tax Review” and the associated press release alongside the draft 2015 Jersey Budget.

 

  1.               Reason for Decision

The publication of the Green Paper will ensure that the Minister meets his commitment to publish a consultation paper on the property tax review.

 

  1.               Resource Implications

Financial: None

Staffing: None.

 

 

Report author : Deputy Director of Tax Policy

Document date : 10th July 2014

Quality Assurance / Review : Business Manager

File name and path: L:\Treasury\Sections\Corporate Finance\Ministerial Decisions\DSs, WRs and SDs\2014-0075 - Property Tax review - Publishing of green paper\WR - PTR GP 080714.doc

 

 

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