This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious






Stories that are tagged 'Turks and Caicos Islands'

Turks And Caicos Takes Strides Towards Self-Rule
5/10/2012
The provisional Governor of the Turks and Caicos Islands, Ric Todd, has released a report detailing progress made towards fundamental reforms to the island's frameworks to prevent corruption, and correct fiscal imbalances, deemed necessary before the islands are returned to self-rule by the UK government.
Turks And Caicos On The Mend After Fiscal Reform
3/23/2012
The Chief Financial Officer of the Turks and Caicos Islands interim government, Hugh McGarel-Groves, has reported significant progress towards correcting the territory's deficit after a raft of measures introduced last year.
UK, Caribbean Talks Focus On APD
1/25/2012
Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories.
Hague Seeks 'Modern Relationship' With Overseas Territories
1/23/2012
The British Foreign Secretary William Hague has announced that he will lead one of the strongest ever delegations of UK ministers and senior officials to attend the UK-Caribbean Ministerial Forum to coincide with the government's review of its relationship with its overseas territories.
Turks And Caicos Shuts Investment Promotion Agency
1/16/2012
The Turks and Caicos Islands government has called time on the islands' investment promotion agency TCInvest, with the Islands' Governor, Ric Todd stating that the government body had 'run its course'.
UK To Enhance Relationship With Overseas Territories
11/28/2011
At the annual meeting of the Overseas Territories Consultative Council, the United Kingdom's Foreign and Commonwealth Office highlighted progress made in strengthening its relationship with its Overseas Territories.
TCI Interim Government Announces Fresh Tax Hikes
11/25/2011
The Turks and Caicos Islands interim government has announced new tax hikes aimed at reducing the budget deficit, which has increased on the back of the territory's political and economic problems.
CARICOM Welcomes Progress Towards FTA With Canada
10/5/2011
Caribbean Community Secretary-General Irwin LaRocque has welcomed progress towards the CARICOM-Canada Trade and Development Agreement, and praised Canada's 'keen and earnest approach'.
New Levies Introduced In Turks And Caicos
9/23/2011
The Turks and Caicos government has confirmed that two new interim levies on financial services became effective as of September 12, 2011, ahead of the introduction of a value-added tax.
Turks & Caicos Budget Reveals Major Tax Changes
4/15/2011
The interim government of the Turks and Caicos Islands has produced its 2011/12 Budget, which includes major adjustments to the tax system, designed to pave the way to a successful implementation of a value-added tax in 2013.
Draft Turks And Caicos Islands Constitution Published
3/17/2011
After a period of prolonged consultation, the UK Foreign and Commonwealth Office has published a draft constitution for the Turks and Caicos Islands, where the existing constitution had been suspended in 2009, following an investigation into allegations of systematic corruption.
Turks And Caicos Fiscal Review Underway
3/14/2011
The temporary UK-led government in the Turks and Caicos Islands has presented a number of proposals to resolve the territory’s fiscal woes, including the introduction of a value-added tax, a fixed tax on imports, a review of the charges and fees levied on the financial services sector, and an alteration to the tax-like fee paid by employers for non-resident work permits.
Cayman Signs MoU With TCI
3/4/2011
The Cayman Islands have signed a new Memorandum of Understanding with the neighbouring islands of Turks and Caicos.
UK Proposes Loan Guarantee For TCI
2/8/2011
The UK government has announced that as part of its temporary control of the Turks and Caicos Islands – triggered by allegations of systemic corruption - it will provide a loan guarantee of up to USD260m to enable the stand-in government to repair its tattered finances.
Caribbean Sharpens Response To Financial Crime
1/19/2011
In an effort to sharpen the regional response to transnational organized crime, the Caribbean Community Implementation Agency for Crime and Security and the Caribbean Financial Action Task Force have signed an agreement, laying down a framework for combating financial crimes including money laundering.
IMF Formulating Fiscal Plan For Indebted Caribbean
11/19/2010
The International Monetary Fund has announced the launch of a forum aimed at drafting fiscal solutions for Caribbean territories, many of whom, due to the financial crisis, have experienced significant expansion in their already unsustainable deficits.
Caribbean Urges Change To UK Flight Tax
11/17/2010
The Caribbean Tourism Organization has noted the publication of a report that comprehensively analyzes the impact of the UK's aviation tax, the Air Passenger Duty, on the tourism industries of Caribbean territories.
Turks And Caicos Face UK Tax Overhaul
11/3/2010
Acting Governor of the Turks and Caicos Islands, UK Member of Parliament Mark Capes, has confirmed that the UK government is progressing plans to implement reform of the islands' tax system.
UK Slammed For Turks And Caicos Intervention
10/11/2010
The Caribbean Community has released a statement noting its 'great concern' that the British government has decided to postpone general elections in the Turks and Caicos Islands indefinitely.
Caribbean Intensifies Lobbying Against UK Air Tax
9/8/2010
The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said.
Turks And Caicos Relaxes Immigration Rules
5/18/2010
The Turks and Caicos Islands government has announced that it has relaxed immigration rules on short-term visitors to the island.
Caribbean Amongst Last Regions To Recover
4/26/2010
Commenting upon the release of the International Monetary Fund’s World Economic Outlook Report, Chief of the World Economic Division, Petya Koeva Brooks, warned that the Caribbean region can expect a protracted recovery from the financial economic crisis, despite a return of more favorable conditions globally.
TCI Proposes Depositor Protection Scheme
4/16/2010
Turks and Caicos Islands’ Bank, a private company, is to be liquidated following an Order from the Supreme Court in favor of the appointment of a provisional liquidator by the Financial Services Commission. In response, the jurisdiction's government is considering a new Depositor Protection Scheme.
UK Failing Turks And Caicos
4/8/2010
Rapporteur for a report released on March 31, the UK's Foreign Affairs Committee Chairman, Mike Gapes has warned that the UK government is not doing enough in its investigation of alleged systemic corruption in the Turks and Caicos Islands.
Australian TIEA Network Expands
4/2/2010
Australia's Assistant Treasurer, Nick Sherry, on April 1 announced the signing of a further seven Tax Information Exchange Agreements as Australia's efforts to achieve greater transparency in tax matters gather pace.
OECD Promotes Multilateral TIEAs
3/31/2010
The Organisation for Economic Co-operation and Development has developed a new approach to negotiating tax information exchange agreements involving multilateral negotiations, in order to assist developing countries with resource constraints.

 

Page 1