Isle of Man Chief Minister Donald Gelling responded angrily this week to reports by UK newspapers that UK Chancellor Gordon Brown, Home Affairs Secretary Jack Straw and Foreign Secretary Robin Cook were about to issue a warning to UK dependencies that they must accept EU tax co-ordination measures.
The news reports, which could not be substantiated, came within a day of the recent visit by UK Home Office Minister Lord Bassam, a point which concerned Mr Gelling: 'It was extremely concerning to me that we had Lord Bassam here on Monday, and this was 24 hours later and nothing had been said to us. We were rather angry. We don't as yet know if Lord Bassam was aware of it.'
Relations with the UK have been strained since last year when the Edwards Review into financial regulatory systems was announced without any consultation with the island.
.
Archive
| Resources | Partners
| Site Map | Links
| Newsletter
Archive | Contact
| RSS Feeds
About | Syndication |
Advertising & Marketing |
Recruitment |
Terms & Conditions |
Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
All content provided by BSI Media
IMPORTANT NOTICE: Tax-News.com 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.
Write a comment