As an issue that is raised by many outside of Gibraltar, the Government has today declared that they are taking steps towards eradicating tax evasion in Gibraltar. They have insisted that they are committed to continuing work the UK Government, and the wider international community, on a new package on tax transparency.
The initiative was advocated within the Overseas Territories’ White Paper. A Government statement released this morning added, ‘the Gibraltar Government is confident that it already has in place a robust regime for the rooting out of tax evasion, particularly through its membership of the EU and full compliance with EU rules. It is committed to pursuing this agenda with the UK in agreement, and subject to consultation, with the finance industry in Gibraltar.’
Regarding Unite the Union Leader, Victor Ochello’s recent interview on GBC’s Viewpoint, regarding the withdrawal of Daniel Feetham’s invitation to speak at the May Day Rally, the Opposition has noted that they are disappointed by Mr. Ochello’s comments.
The GSD insists that Mr. Ochello gave a number of contradictory reasons for the issue, during the interview, including fact that the right procedure had not been followed and because the GSD had not declared its support for May Day.