Premier David Burt Meets With Pierre Moscovici

March 28, 2019 | 27 Comments

Premier David Burt met with Pierre Moscovici, the European Union Commissioner of Economic and Financial Affairs, Taxation and Customs, and the Government said they “look forward to continued dialogue with the Commission,” adding that “Bermuda is confident that we will be removed from the list of non-cooperative jurisdictions for tax purposes at the earliest opportunity.”

Premier David Burt meets with Pierre Moscovici Bermuda March 2019 (1)

A Government spokesperson said, “Earlier today Premier David Burt met with Pierre Moscovici, European Union Commissioner Economic and Financial Affairs, Taxation and Customs.

“During the meeting the Commissioner acknowledged the level of cooperation between the European Union and Bermuda throughout the process and encouraged us to continue our engagement.

Premier David Burt meets with Pierre Moscovici Bermuda March 2019 (2)

“The Commission recognised Bermuda is an important partner to the European Union. Commissioner Moscovici indicated that he anticipated a positive recommendation would be made to the April COCG meeting.

Premier David Burt meets with Pierre Moscovici Bermuda March 2019 (3)

“On this basis, Bermuda is confident that we will be removed from the list of non-cooperative jurisdictions for tax purposes at the earliest opportunity and we look forward to continued dialogue with the Commission regarding Bermuda’s enhancement to its investment funds regime.

“The Minister of Finance will continue with the European visit to hold further meetings in Brussels, Berlin, Paris and London to support a positive outcome for Bermuda.”

Premier David Burt meets with Pierre Moscovici Bermuda March 2019 (4)

The Premier stated: “Our goal here was to set the tone for Bermuda’s continued close and fruitful relationship with the European Union.

“Today’s meetings have been a welcome step in that direction and I am confident that the Minister of Finance will continue this productive engagement to support Bermuda’s quick removal from the list of non-cooperative jurisdictions for tax purposes.”

The Premier will return to Bermuda on Friday.

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Comments (27)

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  1. road rash says:

    well done! When you are back in Bermy, can you outline the plan you intend to implement to ameliorate the effects of the substance act

    • How can African Leaders and Decendents depend on European power structure to look out for our best interest after the Scramble for Africa/ Berlin Conference Era.

  2. aceboy says:

    Sounds good…..doesn’t mean it is.

    The second picture is quite telling. Something seems very amusing to the Europeans…not so much for the local guys.

    Burt is way out of his depth, glad Curtis was there.

  3. Adelaide says:

    Eurotrash. Berxit Now!

  4. Vote no more says:

    Where’s flip flop coffee guy.

  5. Well Done says:

    Engagement is important and showing the willingness to be part of the dialogue from a collaborative angle is key.

    This will yield results.

    I do believe this was an excellent learning opportunity for our young Premier and a lesson that will be valuable to him as he matures into a more seasoned politician.

    Good job to the team.

    • sandgrownan says:

      They ought not to have needed to be there in the first place. This is cleaning up a mess of their own making. Burt’s arrogance is at fault here, the buck stops with him, and he should resign.

    • Jus' Wonderin' says:

      IT SHOULDN’T HAVE HAPPENED IN THE FIRST PLACE….PERIOD! Amateurs..

  6. Brad & Chad says:

    This is Burt fixing his mistake, he is no hero here.

  7. Snoopy says:

    Our Premier does not look particularly confident in the photos. How was this left? What does the EU want or require we do and within what time frame? To say there will be further meetings doesn’t tell us much. There must be some next step?

    • sandgrownan says:

      Well, he realizes he’s out of his depth. But, to be fair, that’s a massive step forward.

  8. Aware says:

    Well done so far. Look forward to the result.

    • question says:

      Yeah, well done Burt for skipping meetings and getting us into this mess. Now sort it out. And don’t expect a round of applause for fixing a problem caused by your own incompetence.

  9. 2 Bermudas says:

    Where is Renne Webb?!?! Hahaha!!

    • CHRIS says:

      She’ll have to fly in from wherever she’s been living for the past 10+ years. One has to question how she gets to vote if she doens’t live here.

  10. Y-Gurl says:

    Bit of a waste of time, Moscovici is in no position to give any meaningful assurances or to discuss policy post Brexit as the British parliament and the EU are still going around in circles trying to figure out Brexit, it’s effects and timelines, good photo op for Burt though

  11. Rise says:

    The Premier did not make the mistake, the technical officers did and they are the same officers as prior administrations. However, the Premier takes full responsibility. Give the man some support!

    • CHRIS says:

      go drink your green tea

    • Ringmaster says:

      Premier Burt has promised this is a short term problem and expects Bermuda to be off the blacklist “at the earliest opportunity”. It used to be April. Will he maintain the responsibility if he fails to get Bermuda off within the earliest opportunity, and resign? Someone has to take responsibility and he has absolved those who made the error, which was not a technical matter but a decision not to include certain contractual requirements.

    • Joe Bloggs says:

      What “mistake” was that?

  12. lav says:

    ” the technical officers did and they are the same officers as prior administrations.”

    LOL, in your attempt to deflect, you’re admitting that these are the same people from prior PLP administrations….and the results confirm that :/

  13. Gustav says:

    Again
    It was Not my fault………….

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