panama \categorically\ rejects tax haven label
Last Updated : GMT 03:09:26
Arab Today, arab today
Arab Today, arab today

Panama \'categorically\' rejects tax haven label

Arab Today, arab today

Arab Today, arab today Panama \'categorically\' rejects tax haven label

Panama City - AFP

The Panamanian government \"categorically\" rejected Saturday French President Nicolas Sarkozy\'s \"unfair\" and \"offensive\" characterization of the country as a tax haven. \"Panama is not a tax haven,\" said Panamanian President Ricardo Martinelli. \"I assume this must have been a mistake and I hope that in the coming days, when his ministers teach him that Panama does not meet all the requirements for being a tax haven, that he (Sarkozy) corrects himself immediately.\" Foreign Minister Roberto Henriquez added that the government \"categorically rejects that our country is a tax haven,\" adding that the G20 was \"looking for scapegoats to cover its financial mismanagement at the edge of a crisis.\" On Friday, Sarkozy named 11 countries that fail to meet transparency standards, including Panama, Uruguay and Switzerland, warning that they will be \"shunned by the international community.\" Speaking at the close of the G20 summit in Cannes, he said the group would now publish an updated list of uncooperative tax havens at each of its summits. Henriquez said the G20 assessment was made \"before considering the recent progress made by Panama on fiscal transparency, with the signing of 12 double taxation treaties, most of them with G20 members,\" such as France. \"We are a renowned financial center with high levels of transparency,\" he added. Over the past two years, Panama has signed double taxation agreements with Barbados, France, Italy, Luxembourg, Mexico, the Netherlands, Portugal, Singapore, South Korea, Spain, Qatar and the United States. The move removed the country from the Organization for Economic Co-operation and Development \"gray list\" of territories that have not yet substantially implemented tax transparency and information exchange standards. \"The irony is that Panama emerged from the OECD\'s gray list in July and the OECD members are almost the same as the G20,\" Henriquez said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

panama \categorically\ rejects tax haven label panama \categorically\ rejects tax haven label

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

panama \categorically\ rejects tax haven label panama \categorically\ rejects tax haven label

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday