Tax-News.Com Archive

Sponsored by: PEARSE TRUST
Independent advice on corporate and trust structures

ARCHIVE ROOT | TODAY'S NEWS | LOWTAX

BVI Residents Fear British Pressure on Offshore
Tax-news.com

05 September 1999

BVI banking services executive John Cline accused the British Government of having a 'hidden agenda' to steal back business (and tax!) that had migrated to the BVI and other dependent territories. However that may be, there is nothing hidden about the efforts of the British Government to force the dependent territories to improve their anti-criminal legislation, and it is perhaps equally likely that the UK is simply trying to be helpful in pulling the territories up to a level at which they can look the OECD in the eyes.

.

 


IMPORTANT NOTICE: THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright THE LOWTAX NETWORK 1999 to 2009. Contact us for further information.