With three nearby Crown Dependencies and six overseas territories promoting themselves as ‘international financial centres’, the UK seems to value offshore centres. Yet during current financial crises these havens are easy scapegoats.
At the 2011 G20 Summit in Cannes, President Nicolas Sarkozy stated, “We don’t want any more tax havens. Our message is clear, countries that remain tax havens … will be shunned by the international community”. But do these centres add value?
And what of onshore havens such as Delaware, Monaco, Luxembourg ... London? This symposium will explore the good, the bad and the ugly – savings, crimes and tax. We will look at how offshore centres do add value, their dangers and how things might evolve to something, perhaps “mid-shore”.
The talks and discussions to take place include the following:
Offshore, Onshore, Mid-Shore
Professor Michael Mainelli
Why A ‘Competitive’ Tax System Is A Bad Tax System
Nicholas Shaxson
Panel Discussion: Off With The Taxes?
Nicholas Shaxson, Mark Field MP and others
Chair: Professor Michael Mainelli, Z/Yen Group
The Future For International Financial Centres
Richard Hay
Panel Discussion: How Fares Fair Offshore?
Richard Hay and others
Chair: Professor Michael Mainelli, Z/Yen Group
Thursday, 27 March 2014 - 2:00pm
Barnard’s Inn Hall
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