RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Ed Miliband issues warning to UK-controlled 'tax havens' Sat Feb 07, 2015 3:02 am | |
| A Labour government would push for UK overseas territories to be put on an international blacklist if they refused to co-operate with a drive against tax avoidance, Ed Miliband has said.
In a letter to leaders, he said regions would be given six months to compile a public register of offshore companies.
If they failed, they could be put on an Organisation for Economic Co-operation and Development "tax havens" list.
A Conservative source said the UK was already leading the way on the issue.
In an interview with The Guardian, Mr Miliband also dismissed claims that Labour was anti-business, saying: "There's nothing pro-business about defending tax avoidance." 'Shrouded in darkness'
Mr Miliband's letter is being sent to British Overseas Territories - Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, the Turks and Caicos Islands, Gibraltar and Montserrat - and the Crown Dependencies of Jersey, Guernsey and the Isle of Man.
"I am writing to put you on notice that a Labour government will not allow this situation of delay and secrecy to continue," he wrote.
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