The Economist singles out the Bahamas for criticism on tax information exchange: and the Bahamas strike back

The Economist’s 10 September 2016 edition contains a critical article on the Bahamas’ approach to the jurisdiction’s implementation of the Common Reporting Standard, with respect to the automatic exchange of tax information internationally.

For the full article, see: http://www.economist.com/news/finance-and-economics/21706516-bahamas-cocks-snook-war-tax-dodgers-holdout

The article has generated an angry response from the Bahamas. See, for example:

http://www.tribune242.com/news/2016/sep/13/bahamas-urged-resist-new-global-tax-pressure/

http://www.caribbeannewsnow.com/topstory-Bahamas-denies-‘go-slow’-approach-to-tax-data-sharing-31759.html

There are at least two sides to every story!

 

 

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