Sales Tax Looming For Guernsey

tax       2000-07-28 
It looks as though Guersey's taxation laws could be subject to an upheaval soon and an unwelcome one at that. It is faced with attacks from the OECD, which has labelled its tax practices 'harmful', and from the British Government, its one-time 'protector', which is pressurising the island to set up an information exchange system as part of a defence against Brussels' threatened withholding tax.