Taxation in Jersey
Jersey is a Crown Dependency with fiscal sovereignty and therefore sets its own tax rates. The island has a 'simple and stable' tax system, which does not change much over time. This is reflected in States policies, which call for a 'low, broad, simple and fair' system. Jersey does not have inheritance, wealth, corporate or capital gains tax.
Jersey's tax system has been criticised as allowing tax avoidance. As such, the country has been labelled by some as a 'tax haven', though this label is contested.