Author Topic: Gordon Brown and Tax Avoidance  (Read 2386 times)

Offline Goreyman

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Gordon Brown and Tax Avoidance
« on: April 09, 2009, 08:19:07 PM »
Anyone who is following the Tax Haven debate would not have missed Gordon Brown's comments on the weekend. http://www.guardian.co.uk/business/2009/apr/05/global-economy-taxavoidance

He has now taken this a step further and written to our esteemed Chief Meerkat - sorry I mean Chief Minister to demand more crackdowns on tax avoidance

"The prime minister has also written to the crown dependencies of Jersey, Guernsey and the Isle of Man telling them that he expects rapid further progress to end tax and banking secrecy.

All three are on the OECD's "white list" of jurisdictions that have already implemented a number of bilateral agreements to share tax information with other authorities, but they are still used by companies engaged in tax avoidance"

http://www.guardian.co.uk/business/2009/apr/09/pm-warns-tax-havens-to-end-secrecy

I have commented before on this issue and fully support this stance by Gordon Brown. It may mean some reduction in the Finance Industry in the short term but I do believe we will develop other financial products to sell in the future to allow Finance to continue to be strong in Jersey




rogueelement

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Re: Gordon Brown and Tax Avoidance
« Reply #1 on: April 14, 2009, 07:51:03 PM »
Anyone who is following the Tax Haven debate would not have missed Gordon Brown's comments on the weekend. http://www.guardian.co.uk/business/2009/apr/05/global-economy-taxavoidance

He has now taken this a step further and written to our esteemed Chief Meerkat - sorry I mean Chief Minister to demand more crackdowns on tax avoidance

"The prime minister has also written to the crown dependencies of Jersey, Guernsey and the Isle of Man telling them that he expects rapid further progress to end tax and banking secrecy.

All three are on the OECD's "white list" of jurisdictions that have already implemented a number of bilateral agreements to share tax information with other authorities, but they are still used by companies engaged in tax avoidance"

http://www.guardian.co.uk/business/2009/apr/09/pm-warns-tax-havens-to-end-secrecy

I have commented before on this issue and fully support this stance by Gordon Brown. It may mean some reduction in the Finance Industry in the short term but I do believe we will develop other financial products to sell in the future to allow Finance to continue to be strong in Jersey





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