BASSETERRE, St Kitts, CMC – St Kitts and Nevis Prime Minister Dr Denzil Douglas has blasted the French government as “acting out of turn and prematurely” by including this twin-island federation on a list of jurisdictions that it considers to be “uncooperative tax havens”.
Earlier this week, France named 18 nations as being uncooperative tax havens and threatened to impose higher taxes on French companies that have operations in those jurisdictions. Anguilla, Belize, Dominica, Grenada, Montserrat, St Lucia and St Vincent and the Grenadines were the other Caribbean countries on that blacklist.
“We think that France has acted out of turn and it has acted prematurely against the commitment that was made with the OECD (Organisation for Economic Cooperation and Development) countries that March 2010 would have been the deadline for any punitive action to be taken,” said Dr Douglas, who is also Minister of Finance. CLICK HERE TO READ MORE
This is nothing but the new colonialism trying to take a foot hold. Because they have the power they want us to do everything they say. On one hand they talk about free market to gain entrance into our markets and when we try to gain access to theirs they want to put blacklist. It is time all the countriesblacklisted come to gether and fight back. If we have to put visa restiction so be it. Our destiny should be in our hands and not no european french man.
Will skerrit speak against France or Dominica on that matter???
To those who chose to educate themselves, I applaud you. But to those Dominicans who, as ‘caribbean genius’ stated prefer to think with their emotions, I hope that one day you will decide to make yourself knowledgeable of a situation before you make ignorant statements and sound like idiots for doing so. Think before you speak!!
People i keep telling all you stop thinking with all you emotions and please read or use the internet to educate your minds. The blacklist is just a way of scaring and fooling small countries like ours to raise their taxes to developed countries like France and the u.s level. When that is done we will no longer be able to attract investors, because if the taxes are the same it wouldn’t make sense they move here since the population up there is greater, hence more business for them.
Small countries get investments because our taxes are lower, and i think our leaders should start uniting so that it would be more difficult for these developed countries to bully them into deals that favor the developed countries..
Mr P.M… Don’t allow any country to bully you into signing deals that don’t favor our development, although you might have a hard time convincing Dominicans its the right thing to stand firm against such deals.
France fooled Haiti into signing a deal that have haiti poor up to this day, over a hundred yrs now..
De Man is French, what you expect him to say?
And the plot thickens…. The Prime Minister of Dominica is a French citizen so why should he have anything to say? All the people who thought that his dual citizenship was not an issue and would not affect his performance in office, do you still feel that way? I want to see him ride both sides of the fence.
….. taxes are a joke in Dominica compared to the US everything is taxed (mostly) France is just the same with even higher taxes so companies move to other countries where the taxes tend to be much lower than their home country, it is just called good business.. now France is angry because they want some $$$ which they are losing due to their companies moving to other countries. BLACKLIST my BACK… thats crap means jack they just want to put pressure on smaller countries to be the same as they are… how can you compare a smaller country like Dominica to France…. so in other words the BLACKLIST crap companies will always move to places where the taxes are lower…. France wants to increase taxes…. so they can get some $$$$ plain and simple it all boils down to money
All other prime ministers saying something about the blacklisting of their country. Our prime minister doh have nothing to say man?
While the PM for St. Kitts is speaking out on the matter, please note that DOMINICA is on that list as well. What do our officials have to say about us being on that list?
Do we even care that we are on the list? What can be done before the March, 2010 in the line of progressing off that blacklist? To what extent is foreign investment on the island affected? Will other developed countries also look to impose such higher taxes on companies that invest in our islands?