Editing Economy of Jersey (section)

=== Criticism ===
Jersey is considered a 'tax haven' by some sources (e.g. the [[Tax Justice Network]]),<ref name=":63">{{Cite web |date=2017-11-05 |title=Portrait of a tax haven: Jersey |url=https://taxjustice.net/2017/11/05/portrait-tax-haven-jersey/ |access-date=2021-06-05 |website=Tax Justice Network |language=en-US |archive-date=2021-05-18 |archive-url=https://web.archive.org/web/20210518095507/https://www.taxjustice.net/2017/11/05/portrait-tax-haven-jersey/ |url-status=live }}</ref> but this label is contested.<ref name=":82">{{Cite web |date=2021-05-16 |title=Jersey's Chief Minister clashes with White House over Joe Biden's demands for global tax reforms |url=https://inews.co.uk/news/jerseys-chief-minister-clashes-white-house-joe-bidens-global-tax-reforms-1001870 |access-date=2021-06-05 |website=inews.co.uk |language=en |archive-date=2021-06-05 |archive-url=https://web.archive.org/web/20210605192538/https://inews.co.uk/news/jerseys-chief-minister-clashes-white-house-joe-bidens-global-tax-reforms-1001870 |url-status=live }}</ref> Jersey has a long history of tax avoidance and smuggling due to its special constitutional status.<ref name=":032">{{Cite web |last= |first= |date= |title=Life in the United Kingdom: Jersey Supplement |url=https://www.gov.je/SiteCollectionDocuments/Life%20events/ID%20Citizenship%20Test%20-%20Jersey%20Supplement%20-%2020190304.pdf |access-date= |website=Government of Jersey |archive-date=2021-07-30 |archive-url=https://web.archive.org/web/20210730163310/https://www.gov.je/SiteCollectionDocuments/Life%20events/ID%20Citizenship%20Test%20-%20Jersey%20Supplement%20-%2020190304.pdf |url-status=live }}</ref><ref name=":63"/> The EU's tax haven blacklist<ref name="auto1">{{Cite web |title=Taxation: EU list of non-cooperative jurisdictions |url=https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/ |access-date=2023-09-12 |website=www.consilium.europa.eu |language=en |archive-date=2021-05-06 |archive-url=https://web.archive.org/web/20210506140816/https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/ |url-status=live }}</ref> does not include Jersey in the list dated February 2023, though has in the past<ref name="auto1"/> and the list has been criticised for leaving out jurisdictions such as Jersey.<ref>{{Cite web |last=Express |first=Bailiwick |title=WATCH: Jersey in EU's sights in plan to tighten tax haven 'blacklist' |url=https://www.bailiwickexpress.com/jsy/news/jersey-eus-sights-plan-tighten-tax-haven-blacklist/ |access-date=2021-05-06 |website=Bailiwick Express |language=en |archive-date=2021-05-06 |archive-url=https://web.archive.org/web/20210506003818/https://www.bailiwickexpress.com/jsy/news/jersey-eus-sights-plan-tighten-tax-haven-blacklist/ |url-status=live }}</ref> The Government of Jersey and UK Government have argued that Jersey is a cooperative jurisdiction and the local finance industry rejects the tax haven label.<ref>{{cite news |last=Molony |first=James |date=2009-03-04 |title=Jersey among cooperative finance centres |publisher=Reuters.com |url=https://www.reuters.com/article/uk-jersey-transparency-interview-sb-idUKTRE5235QJ20090304 |url-status=live |access-date=2012-10-12 |archive-url=https://web.archive.org/web/20141213050315/http://www.reuters.com/article/2009/03/04/uk-jersey-transparency-interview-sb-idUKTRE5235QJ20090304 |archive-date=2014-12-13}}</ref><ref name=":7"/><ref>{{cite web |title=House of Commons Hansard 9 Sept 2013 |url=https://publications.parliament.uk/pa/cm201314/cmhansrd/cm130909/debtext/130909-0001.htm#13090914000005 |url-status=dead |archive-url=https://web.archive.org/web/20200127065402/https://publications.parliament.uk/pa/cm201314/cmhansrd/cm130909/debtext/130909-0001.htm#13090914000005 |archive-date=2020-01-27 |access-date=2017-08-31}}</ref>