After a first wave of eight reports in September, the Global Forum on transparency and exchange of information for tax purposes, bringing together 94 countries to assess themselves charged them to identify good and bad students, released the results for the ten new states. For the first five, the forum established under the auspices of the Organization for Economic Cooperation and Development (OECD) had to consider only the legal and regulatory framework.
The result: four of them, Barbados, Seychelles, San Marino and Trinidad and Tobago, "do not meet international standards and will implement the recommendations in their report before moving on to the next phase of evaluation, "said the OECD in a statement. The forum, however, noted that San Marino had recently adopted "important legislation", promising to review it soon. Of these five areas, only the Channel Island of Guernsey has established a "legal framework satisfactory".
Five other countries were evaluated for their legal framework but also for the effective implementation of international standards. Among them, a poor student: Mauritius. Its assessment "shows that there are missing elements in its legal framework, such as information on accounting of certain offshore companies," said the global forum. Similarly, "the review of practices in Mauritius shows that there is room for improvement, particularly with regard to access to the tax authorities to bank information," he adds.
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"Tax havens: the Bahamas bleachedExtracted from: http://www.lefigaro.fr/flash-eco/2011/01/28/97002-20110128FILWWW00374-paradis-fiscaux-l-ocde-devoile-les-noms.php