According to the report there are four workstreams, which are possible ways to raise money.
Workstream 1 was the tax package agreed by the previous States Assembly and could be voted in by the current assembly.
It includes a Goods and Service Tax (GST) of either 5% with food or 6% without.
If GST is included, it would apply to food and be paired with protections for low‑ and middle‑income households.
The report said this package could raise about £50m a year.
The economy is heavily reliant on financial services, which generates roughly 46% of all States revenue.
Zero‑10 is Guernsey’s company tax system where most companies pay 0% tax, certain regulated businesses pay 10%, and a small number pay 20%.
Workstream 2 has recommended the 10% company tax rate is put on all regulated companies, which could raise up to £500,000.
It also suggested an extension of the 10% rate to some other firms including accountants and lawyers, to raise £2.5m.
Workstream 3 looks at how much money could be saved by running public services more efficiently.
The States already has a target to save £17m a year by 2029 through efficiencies without reducing services.
Committees have warned that major service cuts would be unpopular and harmful, especially to people who rely on those services.
Workstream 4 looks at transport taxation, including reducing fuel duty, introducing fairer annual vehicle charges, and bringing electric vehicles into scope.
