As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.
Officials from the three UK Crown Dependencies have been calling attention to a House of Commons statement by Britain’s Prime Minister, David Cameron, in which he said they were not tax havens.
David Cameron’s plans to introduce multi-lateral agreements to crack down on aggressive tax avoidance at the G8 summit next week, were shaken yesterday following reported resistance by Canadian prime minister Stephen Harper.
David Cameron has asked the leaders of the UK’s overseas territories to come to London on the eve of the G8 Summit later this month, as he seeks to strengthen his position as an enemy of tax evasion.
The UK’s prime minister has written to the leaders of ten Crown Dependencies urging them to beef up their information exchange and beneficial ownership plans ahead of Britain’s G8 Summit next month.
British Prime Minister David Cameron has reiterated his plans to make tackling tax abuse a top priority during the UK’s year long presidency of the G8 group of wealthy nations.
UK Prime Minister David Cameron has called on the leaders of the G8 group of the world’s wealthiest nations to take “bold steps” this year to drive growth in a time of “grave economic uncertainty”.
