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Mujica says Brazil supports Uruguay in the fiscal haven controversy with G20

Monday, November 21st 2011 - 07:47 UTC
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President Jose Mujica said on Sunday that his peer from Brazil Dilma Rousseff will make a strong declaration in support of Uruguay when the next G20 summit to counter French President Nicholas Sarkozy recent statements in Cannes describing one of Mercosur junior members as a “fiscal haven” Read full article

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  • GeoffWard2

    “. . . in Uruguay most suspected the ‘hand of Argentina’ that for decades has been wanting to have the list with names and assets of rich Argentines in Uruguay, but refusing to sign an accord to impede double taxing.”

    So Uruguay's neighbour, Argentina, put the case for Uruguay to be labelled a 'tax-haven'.

    The G20's document protocols are so transparent that the trail will be there for all to see if anybody cares to ask.
    It should be SO embarrassing if the culprit was indeed 'the boy next door', but I doubt that Argentina would be the slightest bit embarrassed.

    Unless Uruguay releases the details of rich Argentinians living in Uruguay, it will remain forever on the Tax Haven Gray List - with all its implications.

    This is a good example of the way more powerful countries coerce less powerful countries.

    Nov 21st, 2011 - 06:59 pm - Link - Report abuse 0

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