Jersey has published the Finance (2018 Budget) (Jersey) Law 2018 as enacted on 4 May 2018. The main measures are summarized as follows: Business Tax Measures The introduction of a 20% tax rate on large corporate retailers that are resident in Jersey or have a PE in Jersey, and have retail turnover of at least GBP 2 million and at least 60% of total turnover from trade activity in Jersey is from retail sales activity – levied on profits or gains as follows: up to GBP 500,000 – 0% between GBP 500,000 and 750,000 – 0% to 20% calculated as...