No further comment from the Cayman Islands
Recently the Financial Task Force website picked up a TJN blog, which in turn attracted a rather barbed comment from Anthony Travers, chairman of the Cayman Islands Financial Services Authority (CIFSA).
He said, among other things, that the Cayman Islands is not a tax haven. So we responded to his comments and our reply has now been drawn to his attention. In a communication with TJN which we received today, Travers has declined to comment further. We look forward to his counter-arguments in other forums, perhaps.
In the meantime, please read the comments underneath the article, and decide for yourself. And before doing so, note this: the examples we gave do not even get into the zero-tax issue. Or this (Cayman's response, slinging the mud back in the direction of London and New York, is here.)
He said, among other things, that the Cayman Islands is not a tax haven. So we responded to his comments and our reply has now been drawn to his attention. In a communication with TJN which we received today, Travers has declined to comment further. We look forward to his counter-arguments in other forums, perhaps.
In the meantime, please read the comments underneath the article, and decide for yourself. And before doing so, note this: the examples we gave do not even get into the zero-tax issue. Or this (Cayman's response, slinging the mud back in the direction of London and New York, is here.)
posted by TJN at 1:13 am
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