Ahead of G8 summit PM Cameron hails Overseas Territories’ tax evasion clampdown

Sunday, June 16th 2013 - 20:04 UTC

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British prime minister has hailed an agreement by the UK's Overseas Territories and Crown dependencies to sign up to a tax evasion clampdown. David Cameron said it was a “very positive step forward” ahead of the G8 meeting, which starts on Monday. Read full article

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GeoffWard2
The world is trapped by The Prisoners' Dilemma.

All will resist the best possible outcome because the first nation/group of nations to do so will have immense flights of capital, and getting all to do so at the same time is worse than 'herding cats'.
Jun 17th, 2013 - 09:45 am - Link - Report abuse 0
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Conqueror
Once again, Britain leads the way. But there are limitations. British Overseas Territories (BOTs) are not “colonies”. For the most part, all Britain can do is to “urge”. It can try to “persuade”. It cannot force. Just goes to show how BOTs take on board British values. Because they recognise those values, their responsibilities, honesty.
Jun 17th, 2013 - 01:59 pm - Link - Report abuse 0
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