Offshore Tax Havens news


Minister refutes claims of a money exodus back onshore

CLAIMS that money is flowing out of Guernsey because the wealthy now want their money onshore are wide of the mark, according to Treasury minister Charles Parkinson.


Mixed reaction to Clunes programme on islands

AN ITV programme broadcast on Sunday featuring Martin Clunes in Guernsey with a member of the Commerce and Employment Department has not pleased everyone.


‘Haven tag here to stay’

GUERNSEY will never escape the ‘tax haven’ tag, according to GuernseyFinance chief executive Peter Niven.


There is nothing fun about tax

THOSE who would portray the chief minister’s latest visit to Washington DC as an expensive ‘jolly’ should contemplate exactly what the four-day trip entailed.


Washington trip raises awareness of white listing

AMERICA is looking more favourably on Guernsey then it did, says Chief Minister Lyndon Trott.


No place for the truth in critics’ war

PERHAPS the best indication of the difficulties this island faces in the ongoing hysteria over damage the Crown Dependencies allegedly cause as so-called tax havens was provided by the reaction to the progress report from Michael Foot, the man charged by Chancellor Alistair Darling to conduct a hostile review into these finance centres.


Offshore business ‘important to UK’

AN INDEPENDENT review into British offshore financial centres looks likely to recognise their importance to the UK economy.


PM’s tax plan easier said than achieved

GORDON Brown’s plans to crack down on tax avoidance will be difficult to achieve, according to Chief Minister Lyndon Trott.


What if it were my money?

A PROMINENT campaigner against global tax abuse and the role allegedly played in it by the Crown Dependencies has predicted that the forthcoming report by the Foot Commission imposed on the islands by the UK’s Chancellor will set the scene for these offshore islands to have a post tax haven existence. The trade Guernsey now [...]


PM’s warning ‘no threat to island’

GUERNSEY does not partake in the sort of ‘unacceptable’ tax avoidance that Gordon Brown wants to stamp out, according to KPMG executive director Tony Mancini.

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