Senator Le Sueur has reaffirmed categorically that the Island’s proposals to bring in zero corporate taxation and abolish its exempt company and international business company schemes are acceptable to the EU.

The Treasury Minister delivered this message during questions at the Institute of Directors lunch on Tuesday.

He was asked whether outspoken critics the Tax Justice Network were correct in saying that Jersey’s zero-ten proposals had not been approved by the EU.

‘Jersey is fully compliant and accepted by the EU,’ said Senator Le Sueur.

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