The Antigua Sun newspaper reported on Wednesday that the jurisdiction's High
Commissioner to London, Sir Ronald Sanders was last week moved to write to the
Organisation for Economic Cooperation and Development (OECD) with regard to
concerns that the 'level playing field' promised by the multilateral organisation
is rapidly disappearing.
The newspaper revealed that Sir Ronald dispatched a letter to the OECD's Secretary
General, Donald Johnston following the announcement by the EU Presidency that
certain OECD member states have been given until 2011 to implement information
exchange procedures on tax matters - seven years more than the period granted
to non-members.
'You may wish to consider the necessity of convening a special meeting of the
Global forum early in the New Year to inform all participants of the situation
with regard to the position of certain EU member states and to examine whether
or not a sufficient consensus remains to render the work of the OECD Secretariat
in the Global Forum viable in the months ahead,' Sir Ronald wrote, continuing:
'[The] Government of Antigua and Barbuda shares the view expressed recently
by the Government of Panama and the Leader of Government Business in the Cayman
Islands that the conditionality of a 'level playing field' amongst participating
members of the Global Forum no longer exists.'
The Antigua Sun reported that the High Commissioner to London went on to remind
Mr Johnston that the concept was central to Antigua and Barbuda's participation
in the OECD's harmful tax competition exercise, as indeed it was to many other
jurisdictions.