Comments on: Bring on the tax probe, says Giba http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/ Island News, Sport, Community & Lifestyle Sat, 20 Mar 2010 19:26:54 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Frank http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41308 Frank Mon, 16 Mar 2009 16:08:47 +0000 http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41308 Graham - they have in no small measure assisted (indirectly) in the destruction of the world economy, hence the problem. Graham – they have in no small measure assisted (indirectly) in the destruction of the world economy, hence the problem.

Report abuse

]]> By: Graham http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41267 Graham Mon, 16 Mar 2009 10:39:35 +0000 http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41267 Persons representing the G20 may well be threatening the offshore centres publicly, but they know that they serve a purpose: that they have in no small measure assisted in the globalisation of the world economy. Attacks taken in haste against them (us) could have the same effect as protectionism. Knee jerk reactions on the basis of lynch mob politics could set the world economy back years. Evolution of inter jurisdictional relationships and tax treaties has to be the way forward. Hoarding of cash in secret bank accounts, the traditional purpose of tax havens, is not what Guernsey is about (not for a long time, anyway!). Good luck to Mr Meader. Persons representing the G20 may well be threatening the offshore centres publicly, but they know that they serve a purpose: that they have in no small measure assisted in the globalisation of the world economy.

Attacks taken in haste against them (us) could have the same effect as protectionism. Knee jerk reactions on the basis of lynch mob politics could set the world economy back years. Evolution of inter jurisdictional relationships and tax treaties has to be the way forward.

Hoarding of cash in secret bank accounts, the traditional purpose of tax havens, is not what Guernsey is about (not for a long time, anyway!).

Good luck to Mr Meader.

Report abuse

]]> By: Frank http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41215 Frank Sun, 15 Mar 2009 19:54:12 +0000 http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41215 When will these so called business leaders in this island face up to the real challenge? They simply do not seem capable of grasping the real problem which is that G20 object to the legal schemes which are run from here, and Jersey and the other less reputable centres. The G20 meeting this weekend has said that there will be changes in regulatory standards, which WILL include tax havens, and like it or not Guernsey is a tax haven in this context. They do not differentiate between those which are "transparent and well regulated" and the rest - they view ALL offshore centres the same. When will these so called business leaders in this island face up to the real challenge?

They simply do not seem capable of grasping the real problem which is that G20 object to the legal schemes which are run from here, and Jersey and the other less reputable centres.

The G20 meeting this weekend has said that there will be changes in regulatory standards, which WILL include tax havens, and like it or not Guernsey is a tax haven in this context.

They do not differentiate between those which are “transparent and well regulated” and the rest – they view ALL offshore centres the same.

Report abuse

]]> By: Z Cars http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41213 Z Cars Sun, 15 Mar 2009 18:54:45 +0000 http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41213 The arrogance of meader is outstanding. Does he really think that Brown, Obama & Co will fall for his bluff....go now meader before u end up losing everything. The arrogance of meader is outstanding. Does he really think that Brown, Obama & Co will fall for his bluff….go now meader before u end up losing everything.

Report abuse

]]> By: F. Erker http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41117 F. Erker Sat, 14 Mar 2009 15:46:20 +0000 http://www.thisisguernsey.com/2009/03/13/bring-on-the-tax-probe-says-giba/#comment-41117 It is not only the "tax haven" question which will need to be addressed but whether Guernsey has high enough standards to be entrusted deposits from the international depositors. The answer to this question is a resounding NO: 1,600 hard working depositors have lost 70% of their life savings in a high street, regulated, bank called Landsbanki. Dispossessed depositors will campaign tiredlessly to ensure that Guernsey face up to their moral responsibilities and be cracked down on by the international community. It is not only the “tax haven” question which will need to be addressed but whether Guernsey has high enough standards to be entrusted deposits from the international depositors. The answer to this question is a resounding NO: 1,600 hard working depositors have lost 70% of their life savings in a high street, regulated, bank called Landsbanki.

Dispossessed depositors will campaign tiredlessly to ensure that Guernsey face up to their moral responsibilities and be cracked down on by the international community.

Report abuse

]]>