From Julius Olsen.
FOLLOWING my recent letter expressing my views on another supermarket being permitted to open in Jersey and stating that any overseas company not registered in Jersey would not be subject to Jersey income tax, I was quite severely berated by Helier Clement; he fully supported another supermarket, and scoffed at the thought that, to quote, ‘The boy Ozouf would never allow a company to operate here without paying Jersey tax’.

I have thoroughly checked the latter point, and I was correct; any overseas company trading here, such as Tesco or the French Carrefour and not registered in Jersey is subject to zero taxation.

This is totally unfair to all local businesses; I am unsure how many companies trading here are not registered in the Island, but those involved in take-overs of local business could be operating without being taxed.

I am sure that if this was amended, it would make a hefty contribution to our Island’s coffers, and Helier may now apologise.