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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
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News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
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information sources. |
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The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
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| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
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| TreatyPro: Online
tax treaty resource. |
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| Jersey Urges Forward Momentum In Push For Transparency |
by Amanda Banks, Tax-News.com, London
Wednesday, November 04, 2009
Jersey’s Treasury Minister, Philip Ozouf, has backed
a report, commissioned by Christian Aid, which has called for greater transparency
and the full retraction of banking secrecy laws internationally to establish a level playing field,
calling for greater transparency in what the report called “the most secretive
financial centres in the world".
In this regard, it cited: Delaware, London, and white-listed
territories Luxembourg, Switzerland and the Cayman Islands.
Referring to the recent report on the Crown Dependencies, compiled by Michael Foot, which included a
review of tax transparency, Ozouf observed that:
“Foot cited the lack of adequate
monitoring of beneficial ownership in Delaware and the lack of regulation for
most trusts in the UK.”
Noting that the report endorsed Jersey’s high standing as a "transparent
and well-regulated finance centre", Ozouf called for the US and the UK to lead the drive towards enhancing tax transparency:
“We are behind the Foot Review recommendation that the UK should lead
improvements to international standards and transparency of beneficial ownership,
as it’s right that international standards are improved in both these
areas,” he argued.
A comprehensive report in our Intelligence Report series,
examining in depth the situation of offshore transparency and secrecy in a number
of the most prominent jurisdictions, is available in the Lowtax Library at
http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report2.asp
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| THE LOWTAX LIBRARY
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tax-planning in depth, including banking secrecy, the EU's savings tax
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Reports are available for immediate downloading or as subscription
services with news pages.
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