Tax Haven: Trinidad terms Sarkozy's statement as 'premature'

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Tax Haven: Trinidad terms Sarkozy's statement as 'premature' By TII News Service Nov 16, 2011 , Port of Spain
THE Trinidad and Tobago Govt has reacted sharply to the comments of Frech President Sarkozy describing it as tax haven. Trinidad has called it as 'premature and improper'. The Trinidad Finance Minister is reported to have said that his Govt has contacted the local French embassy to clarify on what was the intention behind the French President's statement given immediately after the closure of the G20 Summit. Such a reaction is not unique as 10 others who have been shortlisted by the OECD, have also reacted strongly against the expression 'tax haven' being used to describe them.

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