I’ve been critical of Government’s silence regarding what it plans to do to protect Bermuda’s interests amidst the tax-haven scapegoating going on amongst global leaders. Finance Minister Paul Cox finally gave a statement today in Parliament which answers some of those questions: “President Sarkozy and other European leaders from the G20 have said that they [...]
Entries Tagged as 'tax haven'
Bermuda is Not a Secrecy Jurisdiction
March 18th, 2009 · Comments Off · Bermuda Politics, Business
Tags:G20·money laundering·OECD·tax haven
Swiss to Adopt OECD Tax Evasion Policies
March 13th, 2009 · Comments Off · Business
In a major shift in policy, Switzerland has folded to international pressure on tax havens/banking secrecy jurisdictions. (Swiss President) Merz said the country — which already works with other countries to fight terror financing and return dictator cash — will now adopt standards set by the Paris-based Organization for Economic Cooperation and Development for countries [...]
Tags:tax haven