Jersey and Guernsey Activity

[GhostShip]

This is an interesting move, I wonder whos hand is behind it though.

http://news.bbc.co.uk/1/hi/world/europe/guernsey/4762460.stm

Stores including Tesco and Asda had moved internet operations to Jersey to avoid UK VAT on CDs and DVDs.
Jersey announced on Monday that their licences would be stopped in a year.

Jersey and the Bailiwick of Guernsey are direct dependencies of the British Crown. They are not incorporated into the United Kingdom, but do owe their allegiance to the reigning Sovereign.
The islands have their own governments, their own tax-raising powers and are not members of the European Union.

Under EU law, retailers operating out of the EU can sell products valued at less than £18 to customers in member states without charging VAT.

During a UK parliamentary debate in February it was stated that the UK Treasury was losing £80m a year from retailers operating "offshore" and that could soon reach £200m a year

I think its plain to see the UK goverment has leaned on the Islands politically and that the islands would rather this embaressment go away.

[..Ñøßߥ..]

Hopefully the companies will cotton on to this fast and move their operations to a different country, perhaps one not so easily threatened by the Government. Kinda typical really, you work to the governments own rules, and your still punished for it.