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Review: Level Playing Field

Committee/Panel: Corporate Services Panel
Launch Date: 14 February 2008 Close Date: To be advised
Submissions Deadline: To be advised Ministerial Response Date: To be advised
Review Status: Discontinued

About

The Island's commitments under international tax agreements.

Terms of reference

To review and to clarify the Island’s commitments under the following:

  1. Tax Information Exchange Agreements (TIEA’s) with OECD Member States
  2. European Union Directive on the Taxation of Savings Income
  3. European Union Code of Conduct on Business Taxation
  4. International Monetary Fund (IMF) and Financial Action Task Force (FATF) With a particular focus on the following issues:
      • The Island’s commitment to ensuring a “level playing field” with other jurisdictions
      • The economic consequences to the Island of such agreements
      • The international consequences to the Island of such agreements