The Guernsey Government issued a release on 11 August noting the commitment of the Policy & Resources Committee to publish the Tax Review, in the form of a green paper, later this month to facilitate a debate in the States Assembly. As announced earlier in the month, three options have been developed as part of the Tax Review for increasing tax revenue considering immediate and long-term financial pressures, including the possible application of an income-based health tax at a rate of 3%, a Goods and Services Tax (GST) at rates of 5% or 8%, and other changes. --- Policy &...