Taxation: Bermuda

(asked on 28th March 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 26 March 2019 to Question 235377, on Taxation: Bermuda, whether his Department has made representations to the EU (a) member states and (b) Commission to request that Bermuda is not be added to the EU’s list of non-cooperative institutions.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 2nd April 2019
The UK has not made representations to exclude from the list any jurisdiction that has failed to meet the criteria for identifying non-cooperative jurisdictions for tax purposes agreed by EU Member States, including Bermuda. The UK has sought to ensure the process is fair and proportionate towards assessed jurisdictions, including by ensuring jurisdictions had sufficient opportunity and assistance to comply.

As stated in my previous answer of 26 March 2019, Bermuda is a fiscally sovereign jurisdiction, and has been liaising directly with the EU institutions on this issue.

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