British Overseas Territories: Tax Evasion

(asked on 13th May 2024) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Deputy Foreign Secretary, what recent discussions he has had with representatives of the British Overseas Territories on tackling tax evasion in those territories.


Answered by
David Rutley Portrait
David Rutley
Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
This question was answered on 21st May 2024

British Overseas Territories (OTs) with financial centres are committed to meeting international standards on tax transparency. They have committed to adhere to the Organisation for Economic Co-operation and Development's Inclusive Framework and Global Forum standards, including the Base Erosion and Profit Shifting minimum standards. Officials in HM Treasury and FCDO have a programme of regular engagement with OTs to discuss implementation of these standards and wider international tax policy. For example, since Easter 2024, such discussions have taken place with Anguilla, Cayman, Gibraltar, Montserrat, and Turks and Caicos.

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