{"id":3715,"date":"2009-04-24T09:48:03","date_gmt":"2009-04-24T07:48:03","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=3715"},"modified":"2009-04-24T09:48:03","modified_gmt":"2009-04-24T07:48:03","slug":"name-and-shame-tax-havens-under-fire","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/04\/24\/name-and-shame-tax-havens-under-fire\/","title":{"rendered":"&#8216;Name and shame&#8217; tax havens under fire"},"content":{"rendered":"<p><a href=\"http:\/\/www.epolitix.com\/latestnews\/article-detail\/newsarticle\/name-and-same-tax-havens-under-fire\/\">ePolitix.com<\/a> reports on yesterdays debate at Westminster on the British Overseas Territories:<\/p>\n<blockquote><p>During a debate on the foreign affairs committee's report on overseas territories, Andrew MacKinlay (Lab, Thurrock) accused the government of attempting to distance itself from its responsibilities.<\/p>\n<p>\"Ministers can't pretend it&rsquo;s a remote problem they are trying to get their hands on, they are to blame,\" he said.<\/p><\/blockquote>\n<p>whilst, pleasingly a Tory joined in:<\/p>\n<blockquote><p>John Stanley (Con, Tonbridge and Malling), questioned why the chancellor had dodged the question when asked directly about the number by Liberal Democrat Treasury spokesman Vince Cable.<\/p>\n<p>The Conservative member of the foreign affairs committee suggested that perhaps this was because the chancellor judged the answer might be an embarrassment to the Foreign Office.<\/p>\n<p>\"It is somewhere towards shocking that we have half the overseas territories on the name and shame list,\" he added.<\/p><\/blockquote>\n<p>and the Lib Dems too:<\/p>\n<blockquote><p>Noting that the UK is directly responsible for financial regulation in many of the territories, Jo Swinson (Lib Dem, East Dunbartonshire) said there should be therefore \"no barrier\" to reform.<\/p>\n<p>The Liberal Democrat foreign affairs spokesperson said help needed to be given to the territories to re-adjust their economies.<\/p>\n<p>\"We do need to recognise that the revenue they receive for financial services form a large part of their economy,\" she said.<\/p>\n<p>\"Support will need to be given to develop other economic avenues that are less shady or internationally embarrassing.\"<\/p><\/blockquote>\n<p>That is right: it will be necessary.<\/p>\n<p>In response the governemnt said it had written to the Territories in question. True, <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2009\/04\/11\/the-maunday-thursday-letters\/\" target=\"_blank\">it has<\/a>. But it's not clear what the Foot Commission is doing. The government has a lot of work to do.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ePolitix.com reports on yesterdays debate at Westminster on the British Overseas Territories: During a debate on the foreign affairs committee&#8217;s report on overseas territories, Andrew<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/04\/24\/name-and-shame-tax-havens-under-fire\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,80,32,97],"tags":[],"class_list":["post-3715","post","type-post","status-publish","format-standard","hentry","category-g20","category-secrecy-jurisdictions","category-tax-havens","category-tax-justice"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/3715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=3715"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/3715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=3715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=3715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=3715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}