G7 tax pact offers 'scant evidence' that offshore centres face major overhaul

clock • 3 min read
G7 tax pact offers 'scant evidence' that offshore centres face major overhaul

There is "scant evidence" to support the much-speculated view that the G7 pact on tax will limit small state international financial centres such as the British crown dependencies and overseas territories (CDOTs), requiring them to overhaul their tax systems, argues Geoff Cook, chair and non-executive director at international law firm Mourant Consulting. In his latest blog, Cook, who was also former long-standing CEO of Jersey Finance and Head of Wealth Management HSBC UK, said that while...

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