International Issues
Multilateral Talks Scheduled
... and the OECD acknowledges legitimacy of low tax jurisdictions
Arising from a Fall meeting in Malta, Commonwealth Finance Ministers mandated the Commonwealth Secretariat to facilitate "high level multilateral dialogue" on the issues raised by harmful tax practices. Subsequently, The Commonwealth Secretariat announced plans to cosponsor with the OECD Global Forum on Taxation a Conference in Barbados on January 8-9, 2001. Chairman of the OECD's Committee on Fiscal Affairs, Gabriel Makhlouf said: "The conference in Barbados will provide a valuable opportunity to continue the dialogue with jurisdictions in the region, in order to develop genuine shared perspectives on how to eliminate harmful tax practices".
