Bermuda will not commit to a convention on fighting tax evasion ahead of next week’s summit of the Group of Eight leading economies, in a blow to David Cameron’s hopes of securing agreement from all Britain’s offshore centres in the run-up to the meeting in Northern Ireland. All three Crown Dependencies – Jersey, Guernsey and the Isle of Man – and the Cayman Islands have already committed to join the convention, while the British Virgin Islands has agreed in principle. But campaigners say Mr Cameron risks personal embarrassment if all the Overseas Territories do not sign the treaty, having raised the stakes by his public call to “get our own houses in order” before the G8 summit.
Posted on: Wed, 12 Jun 2013 15:46:11 +0000
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