Today’s edition of the Jersey Evening Post leads with an article headed ‘Official: Why food costs so much more in Jersey’. Food prices, according to a new study, are one third higher than in the UK. Worse, once taxes and duties are excluded, the difference rises to 50 percent.
“Fiat said on Wednesday it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain
This zombie just won’t die. From BusinessWeek:
“Solving the dispute over undeclared Italian funds with Swiss banks will be on the agenda today
The British Virgin Islands (BVI) are back in the news. Last week the islands featured at the centre of a huge story about corruption in China. This week’s story concerns UNCTAD’s latest estimates of foreign direct investment flows through companies registered in the BVI. As Reuters reports: