Jersey praised in tax evasion fight

Stephen Timms, the Financial Secretary to the UK Treasury, said that tax evaders and money launderers could no longer play one country off against another.

Speaking at an international conference at the Royal Yacht about the G20’s objectives in tackling financial crime, Mr Timms called Jersey’s progress in the area of tax agreements ‘excellent’.

The MP insisted that all countries must live up to their duties of responsibility and honesty.

Addressing delegates from Bangladesh, Gambia, Ghana and Mongolia, the MP revealed that he had been working closely with the Island’s Chief Minister, Senator Terry Le Sueur, over the last year.

‘Jersey is making a very important contribution and it has become much tougher for those who want to bend the rules on tax,’ he said.

See Thursday’s JEP for full story.

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