Tax Avoidance: British Overseas Territories and Crown Dependencies

(asked on 11th September 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he has taken to reduce tax avoidance in (a) Bermuda, (b) the Cayman Islands, (c) the British Virgin Islands, (d) Anguilla, (e) the Turks and Caicos Islands, (f) Montserrat, (g) Gibraltar, (h) the Channel Islands, and (i) the Isle of Man.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 21st September 2020

The Crown Dependencies and Overseas Territories are autonomous jurisdictions with their own democratically elected governments, who have the mandate to decide their own fiscal policies. However, thanks to UK leadership, all Crown Dependencies and Overseas Territories with a financial centre have made commitments to implementing global standards on tax transparency.

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