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Fourteen Caribbean BOTs blacklisted by EU as world's worst tax havens

Friday, June 19th 2015 - 23:51 UTC
Full article 15 comments

Fourteen Caribbean countries are among 30 territories blacklisted by the European Union (EU) as the world’s worst tax havens. The list published by the EU on Wednesday includes Antigua and Barbuda, Bahamas, Barbados, Belize, Bermuda, Grenada, St. Vincent and the Grenadines, St. Kitts and Nevis, and the British Overseas Territories of Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Montserrat, and the Turks and Caicos Islands. Read full article

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  • Juanfoster

    countries?
    they are BOTS= english colonies.

    funny they forgot london and the other shithole called gibraltar.

    Jun 20th, 2015 - 12:26 am - Link - Report abuse 0
  • Skip

    Juan, I understand that you have an Argentinean education so many things are difficult for you to understand.

    So look up the definition of COUNTRY and the definition of STATE. A country can be a state and a state can be a country but they do not have to be both.
    Every BOT is a country.

    But you are right. London and Gibraltar were not on the list. Thank you for confirming that you understood that much.

    It is nice to highlight that the UK, Gibraltar and the Falkland Islands are not on this list.

    The title of the article is a little misleading as there are NOT 14 BOTs on the list. Only 6. There are however 7 members of CELAC on the list..... or more than 20% of CELAC's membership..... did someone mention shithole?

    The list:
    Andorra
    Anguilla (BOT)
    Antigua and Barbuda (CELAC)
    Bahamas (CELAC)
    Barbados (CELAC)
    Belize
    Bermuda (BOT)
    British Virgin Islands (BOT)
    Brunei
    Cayman Islands (BOT)
    Cook Islands
    Grenada (CELAC)
    Guernsey
    Hong Kong
    Liberia
    Liechtenstein
    Maldives
    Marshall Islands
    Mauritius
    Monaco
    Montserrat (BOT)
    Nauru
    Niue
    Panama (CELAC)
    Seychelles
    St. Vincent and the Grenadines (CELAC)
    St. Kitts and Nevis (CELAC)
    Turks and Caicos Islands (BOT)
    US Virgin Islands
    Vanuatu

    Jun 20th, 2015 - 05:38 am - Link - Report abuse 0
  • HansNiesund

    @1

    The reason the City and Gibraltar aren't on the list is most likely because 10 countries couldn't be found with complaints about them. It would seem that Spain's smear campaign against Gibraltar in this respect has failed, though it's not for want of trying. .

    As for the BOTs, if the BOTs were actually colonies, it would be easy enough to bring them into line. But then of course the UK would be accused of high-handed colonialism. But I see how very comforting it must be for people like yourself to have something to complain about whatever the UK does.

    Jun 20th, 2015 - 06:22 am - Link - Report abuse 0
  • Conqueror

    @2. I don't think you have much chance of getting any intelligent point across to an argie. For instance, in the heady days of imperialism and colonialism, surely a COLONY would be a territory mostly populated by the metropolitan state. India, for example, was never referred to as a colony as the majority of the population were still Indians. So it was a POSSESSION or a DOMINION. Another good example is south america. Colonised and populated by the spanish. After all, why would tens of thousands of indigenous Amerindians suddenly decide to start speaking spanish? They probably had hundreds of usable languages. Prima facie, the greater part of south america is still a spanish colony. Moreover, it's probably one of the largest areas of corruption and criminality in the world. I've suddenly had this thought. Isn't 'foster' an English name? A contraction of the term 'forester'? Would his birth, in any way, be questionable? What do we really have? An individual with an English name whittering about something it refers to as 'English', although more likely to be British, and misdescribing a governed area. In accordance with the usual lack of argie education. Very sad these colonists.

    Jun 20th, 2015 - 11:03 am - Link - Report abuse 0
  • Stevie

    Now it makes sense... UK corruption is not perceived...

    It's bloody blatant...

    The lists! Get the lists!!

    Jun 20th, 2015 - 11:09 am - Link - Report abuse 0
  • Pugol-H

    Like the man said:

    “tax companies where they earn their profits, rather than allowing firms to shift money into low-tax jurisdictions”.

    And these places all becomes irrelevant as far as tax is concerned.

    This a case of blaming small countries/BOTs for having banks located there, when the issue is other countries tax systems which allow un-taxed profits to be moved.

    Hardly the fault of places like the Turks and Caicos Islands, is it?

    @ 5 Stevie
    Corruption, no.

    This is tax avoidance, quite different.

    Jun 20th, 2015 - 11:49 am - Link - Report abuse 0
  • ChrisR

    @ 5 Breakdowns R Us

    Keep taking the tablets, one day you MAY understand the topic you are lying about.

    Jun 20th, 2015 - 11:56 am - Link - Report abuse 0
  • Skip

    Beat me too it Pugol.

    Stevie isn't too bright considering the article isn't on corruption but tax evasion. And that was pretty blatant.

    Jun 20th, 2015 - 12:22 pm - Link - Report abuse 0
  • Stevie

    And tax is, of course, not corruption when it comes to British citizens...

    Corruption is something else entirely, like.... a South American evading taxes...

    Or something equivalent...

    ;)

    Jun 20th, 2015 - 01:54 pm - Link - Report abuse 0
  • Pugol-H

    @ 9 Stevie
    Doesn’t matter who is doing it.

    Tax avoidance, whilst it may be reprehensible, refers to activities which are essentially legal.

    Tax evasion refers to activities which are overtly illegal.

    The issue here is countries with tax systems which allow un-taxed profits to be moved, not where they are moved to, that is almost irrelevant.

    Jun 20th, 2015 - 02:05 pm - Link - Report abuse 0
  • Stevie

    Like your bankers. Anyone else doing what they do, would've been called thieves...

    We get it, you guys are merely misunderstood...

    :)

    Jun 20th, 2015 - 02:13 pm - Link - Report abuse 0
  • Briton

    Precisely,
    Misunderstood..lol

    Jun 20th, 2015 - 07:44 pm - Link - Report abuse 0
  • lsolde

    Well, misunderstood by you, Stevie.

    Jun 20th, 2015 - 10:27 pm - Link - Report abuse 0
  • Stevie

    Just out of curiousity... What is the perception of your own stupidity?

    The question might be uncalled for, but my gut tells me the answer is second only to Pandora's box, a deja vu for Jasmin on the carpet...

    Jun 20th, 2015 - 10:36 pm - Link - Report abuse 0
  • Skip

    Indignant about bankers but won't get indignant about the massive increase in wealth experienced by the Chavez and Kirchner families while they ruled their respective countries.

    Perhaps that wealth increase is “merely misunderstood...”

    Jun 20th, 2015 - 11:28 pm - Link - Report abuse 0

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