On 19 February 2016, the Laws implementing the measures included in Jersey's 2016 Budget were registered by the Royal Court. The Laws include the Finance (2016 Budget) (Jersey) Law 2016 and the Income Tax (Amendment No. 45) (Jersey) Law 2016. The main measures include changes in the individual income tax thresholds, restrictions on the tax credit for dividends received, amended residency rules to account for the UK's reduction in the corporation tax rate to 19% in 2017, and an extension in th…