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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. |
| Law & Tax
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:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
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| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
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| Turk And Caicos Islands Removed From 'Grey' List |
by Phillip Morton, Investors Offshore.com
Tuesday, December 29, 2009
The Turks and Caicos Islands have been placed on the OECD
‘white list’ of compliant territories, having signed 12 agreements on tax
information exchange, thereby substantially implementing the internationally agreed
standard on transparency and information exchange.
The territory concluded its twelfth agreement at a signing in London of six
treaties with the Nordic countries – Norway, the Faroe Islands, Finland, Greenland,
Iceland and Sweden – on December 16.
It also has agreements with the
United Kingdom, Ireland, Netherlands, Denmark, France and New Zealand.
Commenting on the signing of the agreement, the Turks and Caicos government
announced that:
“Inclusion on the OECD’s ‘white list’ will represent
a major endorsement of the Turks and Caicos Islands as a transparent financial
center. It will enhance the country’s reputation and confidence in its
future with the international business community.”
“Work will now continue to build on this milestone to take the country
well above the current OECD minimum. [Tax information exchange agreements] have already been agreed with Australia,
Canada, Germany and Mexico and these should be signed in the New Year. Negotiations
with other jurisdictions are also progressing well.”
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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Reports are available for immediate downloading or as subscription
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