Hashtag: #2015EuropeanBlacklist
Bermuda Govt Wins Crisis Management Award
The United Kingdom’s communications and public relations industry has shown recognition of Bermuda’s response to being placed on an EU ‘blacklist’ of supposed tax havens in the summer of 2015. “All four leading industry awards this year recognized the Government’s campaign to remove Bermuda from the list and to contain and reverse any... Read more of this article
Latvia Corrects Record, Bermuda Not Blacklisted
[Updated] A second European state, Latvia, has conceded Bermuda is not one of their “blacklisted” countries and has written to the European Commission [EC] to set the record straight, the Finance Ministry said today. “The EC recently included Bermuda in a list of 30 “uncooperative” tax jurisdictions. The master “blacklist” was comprised... Read more of this article
David Burt: “Ridiculous, Arbitrary Action By EU”
Shadow Minister of Finance David Burt said the Government will have the “full support” of the PLP as they “fight for our reputation overseas” following the “ridiculous, arbitrary action” of the European Commission placing Bermuda on a blacklist. On Friday [June 19], Finance Minister Bob Richards said, “On Wednesday... Read more of this article
OECD: “These Jurisdictions Are Cooperative”
The Bermuda Business Development Agency has welcomed a message of support and clarification from the Organisation of Economic Cooperation and Development [OECD] that depicts a controversial European Commission blacklist as arbitrary and “unfortunate.” In a message sent to OECD Global Forum Members on June 19, the Director of the OECD Centre for... Read more of this article
Minister Bob Richards: “This List Is Baseless”
Speaking on Bermuda being placed on EU list of “uncooperative” tax jurisdictions,” Deputy Premier and Minister of Finance Bob Richards said the “list is baseless and does not survive even cursory scrutiny.” Speaking in the House of Assembly today [June 19], Minister Richards said, “On Wednesday June 17th 2015, the European... Read more of this article
Richards: EU Blacklist “Unjustified And Baseless”
[Updated] Deputy Premier and Minister of Finance Bob Richards said today [June 18] that the European Commission-published “blacklist”, as part of an action plan to crack down on multi-national companies trying to avoid paying tax, is unjustified and baseless. Countries were included on the list if 10 or more EU member states had them listed on their... Read more of this article
