The Government of Guernsey has published the Annual Budget for 2020. Some of the main proposals as outlined in the Annual Budget include: Bringing income from the licensed activity of cultivation and manufacturing of the plant cannabis within the scope of the company higher income tax rate (20%); Extending the company intermediate rate (10%) to income from the activity of running an aircraft registry; Increasing excise duties on tobacco and motor fuel in line with existing policies and increasing the excise duty on alcohol by 5%; Increasing commercial Tax on Real Property (TRP) tariffs by 5% and increasing the general...