“Commercial Awareness Is Global.”
The global economic governance system not only limits but at times directs policy choice/options of policy makers especially in the developing world. It will come as no surprise then that policy makers ands investors alike take a keen interest in this system.
By: Ainsley Brown Jamaica is set to hire global legal giant Baker & MacKenzie (Baker) as its consultant on its new International Financial Centre (IFC). The deal, the details of which are still immerging, is subject to Cabinet approval and would see Baker advising the Jamaican government on the best ways to implement the IFC in this current economic climate.
By: Ainsley Brown It has been reported in the Times that ¨up to 5, 000 British investors have an estimated £3 billion stashed away in secret accounts in Liechtenstein. It is a good thing then, well good from the perspective of HM Revenue & Customs (HMRC), that Liechtenstein and the UK Government have reached an agreement on the sharing of
By: Ainsley Brown There are no more countries left on the Organization of Economic Cooperation and Development’s (OECD) Tax haven black list. Does this mean that the black list is no more? No, not exactly. The OECD has removed Andorra, Liechtenstein and Monaco from its black list of non-compliant tax havens. The three countries were the last remaining on the
By: Ainsley Brown The world economic down turn has had many knock on effects, many of which unexpected. It seems that bad times has the uncanny effect of making the once unthinkable, unsayable and undoable all very much possible. The Swiss banking model can be best characterized with one word: Secrecy. This don’t ask don’t tell attitude is more than
By: Ainsley Brown The between tax evasion and legitimate tax planning is a fine one indeed. This line is now set to get even thinner. How? Before I get into the specifics of this a little background is in order. The issues of cross-border taxation are as old as commerce itself, as are the issues of tax evasion and tax