from: http://www.aci.net/kalliste/ Click Here: <A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin Grabbe</A> ----- Criminal Politics OECD: Give Us Your Money, and Avoid Sanctions It isn't rape if you lie still for it. The world's big economies have said they are confident of reaching agreement with the Channel Islands, between England and France, and the Isle of Man, between north-west England and Ireland, over a controversial international crackdown on tax evasion. The Organisation for Economic Co-operation and Development said it was "very optimistic" of forging a settlement to allow the UK Crown dependencies to avoid sanctions threatened against havens that fail to fall into line. The islands come under the protection of the British Crown, but are outside the jurisdiction of the European Union and the British parliament. The OECD's rhetoric is in marked contrast to that of the dependencies, which were highly critical of an OECD report in June naming them as tax havens that harmed trade and investment. "I can see beyond rhetoric," said Frances Horner, head of tax competition at the OECD. "I would be very surprised if ...we don't come to a meeting of minds with these jurisdictions." The OECD list named 35 offshore financial centres which it said lacked transparency and failed to co-operate sufficiently in exchanging information with overseas tax authorities. The centres on the list must agree to co-operate with the action within a year or face punishment which could include the abrogation of tax treaties with the OECD's 29 members. The list caused outrage in the Channel Islands and the Isle of Man, with Richard Pratt, director-general of Jersey's Financial Services Commission, saying the OECD "culled the names from airline magazines". But Ms Horner said the dependencies showed "great potential" to follow the lead of six havens, including the Cayman Islands and Bermuda, that avoided the list by giving a commitment to co-operate. "Throughout the various moments in the process I thought [the dependencies] would in fact make that advance commitment, but things didn't work out that way," she said. She added that the OECD was considering establishing a list of "fast-track" jurisdictions, with the aim of reaching agreement with them to make a commitment to co-operate by the end of the year. Her comments received a cautious reaction in the dependencies, which together hold an estimated �350bn ($525bn) of assets. "The fact remains that there are some issues," said John Mills, chief executive of Jersey's Policy and Resources Committee. "The first is the very, very poor process in which the OECD engaged to get to these names." The Financial Times, August 4, 2000 ----- Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, All My Relations. Omnia Bona Bonis, Adieu, Adios, Aloha. Amen. Roads End <A HREF="http://www.ctrl.org/">www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance�not soap-boxing�please! These are sordid matters and 'conspiracy theory'�with its many half-truths, mis- directions and outright frauds�is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html">Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
