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JA will not be called tax haven because of ITC – Shaw

July 1st, 2009

Radiojamaica.com

Finance Minister Audley Shaw has assured Parliament that Jamaica will not earn the reputation of a tax haven when the proposed International Financial Centre (IFC) is established in downtown Kingston.

During Tuesday’s sitting on the House of Representatives, Mr. Shaw explained that a tax haven is a jurisdiction that does not have a competitive tax base, and refuses to provide information to foreign tax
authorities.

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