FEATURE-Tax havens talk back against G20 ‘finger pointing’

September 25th, 2009


GEORGE TOWN, Cayman Islands – Caribbean and Atlantic offshore finance centers are hitting back against attempts to portray them as shady tax havens and say world leaders are making them scapegoats for the global downturn.

Leaders of the Group of 20 economic powers, meeting in Pittsburgh on Friday on global economic issues, launched a campaign in April to name and shame tax havens and penalize those who failed to tighten tax standards and transparency.

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