Jump to navigation

Vol 59 No 5

Published 9th March 2018

Tax treaties 'made by the rich'

Poorer countries denounce the EU labelling some of them tax havens. Measures to curb taxation disputes are dismissed as 'prejudiced'

For some countries in Africa, being dubbed a 'tax haven' by Europeans is adding insult to injury. European Union finance ministers agreed a 'blacklist' and 'greylist' of tax havens in December, reopening bitter north-south divisions over tax. Namibian Finance Minister Calle Schlettwein, whose country – together with Morocco – was one of two African nations named and shamed, described the listing as 'unjust, prejudiced, partisan, discriminatory and biased'.

End of preview - This article contains approximately 1153 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.