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Harmful Tax Competition

Letter of commitment



A few offshore tax havens signed advanced "letters of commitment" to the OECD's Harmful Tax Competition initiative. In return, they were spared the "shame" of appearing on a public blacklist.

The following exhibit is a copy of such a letter from Bermuda.

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Bermuda's advanced letter of commitment to OECD's Harmful Tax Competition initiative - Page 1


Bermuda's advanced letter of commitment to OECD's Harmful Tax Competition initiative - Page 2


A few offshore tax havens signed advanced "letters of commitment" to the OECD's Harmful Tax Competition initiative. In return, they were spared the "shame" of appearing on a public blacklist.

The above exhibit is a copy of such a letter from Bermuda.

« Go back to the article