OECD Review 'a good thing' for Bahamas

Sun, Oct 3rd 2010, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

There is "a large measure of confidence" within the Bahamian financial services industry that this country will receive a "favourable" Peer Review report from the OECD's Global Forum on Transparency and Exchange of Tax Information, one leading attorney telling Tribune Business that the process is "in a way, a good thing for" this nation.

Brian Moree QC, senior partner at McKinney, Bancroft & Hughes, said the fact all financial centres were being assessed to the same standards when it came to the exchange of tax information would benefit the Bahamas, since it would help create the 'level playing field' environmen ...

Click here to read more at The Tribune

 Sponsored Ads