British overseas territories sign deal to curb tax evasion

LONDON--Tax havens such as Bermuda and the Cayman Islands will work more closely with Britain and other European countries to fight tax evasion, British Finance Minister George Osborne said.

 
With governments in most advanced economies short of tax revenue after the financial crisis, pressure has been growing on small territories with big banking sectors to lift bank secrecy and do more to combat tax dodging and money laundering.
 
The United States has been in a lengthy dispute with Switzerland over the latter's bank secrecy rules, while the European Union (EU) also has turned up pressure on two of its smaller members, Austria and Luxembourg.
Austria in turn has accused Britain and the US of shielding their tax havens.
 
Now British overseas territories such as Bermuda, the Cayman Islands and the British Virgin Islands - which are effectively colonies with some self-government - will have to automatically provide details of the ownership of bank accounts, and about how they are used, Britain's finance ministry said.
 
"This represents a significant step forward in tackling illicit finance and sets the global standard in the fight against tax evasion," Osborne said.
 
The information will be shared by Britain, Germany, France, Italy and Spain, which agreed in June 2012, to work together to combat tax evasion.
 
The Isle of Man also will be subject to the deal, but two other major offshore centres, Jersey and Guernsey, have not yet agreed to share information with countries other than Britain.
 
The other territories affected by the deal are the Caribbean islands of Anguilla, Montserrat and the Turks and Caicos.
Britain has made fighting tax evasion a priority while it chairs the G8 group of advanced economies this year, and in two weeks it will host a meeting of finance ministers from the bloc. However, Britain also faces problems of its own in being certain that companies comply with its tax laws.
 
A Reuters' investigation published recently highlighted inconsistencies in the way Google portrays its activities in Britain, prompting lawmakers to demand the company's executives and auditors appear before them.
 
(Reuters)

Alle vestigingen Hof van Justitie 22 mei gesloten

Alle vestigingen van het Gemeenschappelijk Hof van Justitie zijn op vrijdag 22 mei 2020, de dag na Hemelvaart, gesloten. Op deze dag hebben de medewerkers van het Hof op Aruba, Bonaire, Curaçao en Sint Maarten een arbeidsverkorting dag (ATV-dag).

Aankomende Nederlandse casino reguleringen in 2021

DEN HAAG - Vanaf volgend jaar zal de overheid licenties af gaan geven aan online casino’s uit Nederland. Dit was eerder niet mogelijk, waardoor het eigenlijk betekent dat online gokken vanaf dit moment legaal zal worden iin Nederland.

Aangifte tegen gezaghebber Bonaire geseponeerd

KRALENDIJK - Op 6 maart 2020 hebben mevrouw R. Hellburg-Makaai en de heren M. Pieters en C. Abraham, leden van de Eilandsraad Bonaire, aangifte gedaan van valsheid in geschrift tegen de gezaghebber van Bonaire.