Amendment 5

To insert an additional proposition as follows:

“To direct the inclusion within the scope of the further longer term work on the future development of Guernsey’s tax system (envisaged in Appendix 3 of the Tax Review Sub-committee’s report) the development and examination of proposals for a single common tax rate framework, founded upon the principles of strengthening the Bailiwick’s international competitiveness, supporting sustainable economic growth and maintaining a tax system that continues to provide a strong foundation for Guernsey’s long-term economic model.”.