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STATEMENT TO BE MADE BY DEPUTY R.C. DUHAMEL OF ST. SAVIOUR, ONE OF THE CHAIRMEN OF THE SCRUTINY PANELS
ON TUESDAY 19th APRIL 2005
The Scrutiny Panel, which I chair, has decided, and the Privileges and Procedures Committee has agreed, that it will scrutinise the proposed Goods and Services Tax within the following terms of reference –
1 . To review the economic and fiscal environment that has led to the need to consider the
introduction of a goods and services tax particularly in respect of –
(i ) r e cent events within the European Union;
(i i) r e cent events within the financial offshore community;
(i ii ) t h e consequences of moving to a zero 10 tax structure; and, (i v ) t h e consequences of not making such a move.
2 . To review the specific proposals put forward by the Finance and Economics Committee to
introduce a goods and services tax particularly in respect of –
(i ) th e level of tax ;
(i i) th e r ange of goods and services covered by the tax;
(i ii ) t h e administrative arrangements required to collect the tax, including arrangements to collect tax on
goods ordered by mail or over the Internet; and,
(i v ) th e impact of the tax on various sectors of the community.
The timeframe set for the completion of this task is three months with the intention to report at the beginning of the autumn session before the Assembly dissolves for the elections. I trust that members will do all they can if called upon to do so, to help the Scrutiny Panel meet this demanding timetable.