Tax collected from financial services companies (FOI)
Tax collected from financial services companies (FOI)Produced by the Freedom of Information office
Authored by States of Jersey and published on 28 October 2016.
What was the total amount of tax money collected, for the last fiscal year, from regulated financial services companies?
What was the total for the same time period collected from corporations that were not regulated financial services companies, Jersey Utility or property income companies?
Details of tax paid by financial services companies, which are subject to tax at 10 percent, were made public in reply to a previous Freedom of Information request and can be found on the following link:
Tax and social security contributions 2015 (FOI)
This data has also been published recently in answer to a States Question tabled by Deputy Higgins on 13 September 2016 and can be accessed via the following link:
Question tabled by Deputy Higgins
Jersey has a general corporate income tax rate of zero percent.
No income tax was collected from zero percent companies except in respect of specific profits that are chargeable to tax at a rate greater than zero percent: income from Jersey property, quarrying in Jersey or from the importation and / or the supply of hydrocarbon oil. The relevant data is included in the Freedom of Information response mentioned above.