Log In

Reset Password
BERMUDA | RSS PODCAST

Premier to speak about London summit

Premier Craig Cannonier is to report on Bermuda’s attendance at the London tax evasion summit this afternoon.

Mr Cannonier was joined by Finance Minister Bob Richards and technical officers for the meetings with British Primer Minister David Cameron and political leaders of other British colonies.

Mr Cameron invited senior ministers of ten Overseas Territories and Crown Dependencies to meet with him last week ahead of the G8 summit in Northern Ireland which begins today.

The British Prime Minister has been urging the colonies to commit to the Multilateral Convention on Mutual Administrative Assistance on Tax Matters — a global standard on exchange of information for tax purposes.

Mr Cannonier said he viewed the meetings in London as an opportunity to state Bermuda’s case that the Island is not a “tax haven” and is well regulated.

But there has been some confusion in the international media about Bermuda’s attitude towards the Convention.

Mr Cannonier returned to the Island last night and is scheduled to speak to the media this afternoon.

You must be Registered or to post comment or to vote.

Published June 18, 2013 at 9:00 am (Updated June 18, 2013 at 12:04 am)

Premier to speak about London summit

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon