{"id":990,"date":"2019-01-16T16:06:25","date_gmt":"2019-01-16T16:06:25","guid":{"rendered":"http:\/\/anthonytraversobe.comm\/?p=990"},"modified":"2019-01-16T16:06:25","modified_gmt":"2019-01-16T16:06:25","slug":"cayman-initiative-is-warfare","status":"publish","type":"post","link":"https:\/\/anthonytraversobe.com\/?p=990","title":{"rendered":"Cayman initiative is warfare"},"content":{"rendered":"

Published by The Washington Times,\u00a0<\/a>Monday January 14th 2019<\/p>\n

Recently, Pascal Saint-Amans, a representative of the\u00a0Organization for Economic Cooperation and Development<\/a>(OECD<\/a>), was in Cayman to explain the\u00a0OECD<\/a>\u00a0position with respect to the proposed\u00a0European Union<\/a>\u00a0and\u00a0OECD<\/a>\u00a0\u201cblack list\u201d of the\u00a0Cayman Islands<\/a>. I am not sorry that I missed his visit, as the true position of the\u00a0OECD<\/a>\u00a0cannot be explained politely.<\/p>\n

As Richard Rahn points out in his recent excellent piece in The Washington Times (\u201cThe return of the tax bullies,\u201d Web, Jan. 7), the pervasive creep of international organizations in their not-so-hidden agenda for a global high-tax superstate is evident. It is, however, worse than that. Pierre Moscovici, the\u00a0EU<\/a>\u00a0tax commissioner, and Mr. Saint-Amans are both French, and on extraterritorial tax initiatives they speak the same language. One would have hoped the\u00a0EU<\/a> and the\u00a0OECD<\/a>\u00a0had learned the true lesson of World War II. You can call it bullying, but it is only one degree removed from Fascism. Admittedly, they do not now use guns and bullets, but this \u201cblack list\u201d initiative is economic warfare by high-tax, inefficient and bankrupt countries that are in collusion with one another.<\/p>\n

Also disappointing is that in advancing their high-tax, globalization agenda, the\u00a0EU<\/a>\u00a0and the\u00a0OECD<\/a>\u00a0adopt the very same tactics that the post-World-War-II international bodies and the\u00a0EU<\/a>\u00a0were designed to prevent \u2014 all the while shamelessly oblivious to the fact that it is Paris which is in flames as a direct result of an increasingly insupportable tax burden.<\/p>\n

Let\u2019s be clear: We can, at a stroke, cut through the hundreds of thousands of pages of tortuous double standards produced by the\u00a0OECD<\/a>. The truth is that what the\u00a0EU<\/a>\u00a0and the\u00a0OECD<\/a>\u00a0want (and this is inarguable in light of the complete tax transparency that Cayman now provides) is for the investment profit made by\u00a0Cayman Islands<\/a> structures to be deemed \u201charmful\u201d unless taxed twice, whilst investments and structures made through the\u00a0EU<\/a>structures are only taxed once.<\/p>\n

Black shirts or black lists, their tactics are indistinguishable.<\/p>\n

Anthony Travers<\/p>\n

Senior Partner, Travers Thorp Alberga<\/p>\n

Grand Cayman,\u00a0Cayman Islands<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Published by The Washington Times,\u00a0Monday January 14th 2019 Recently, Pascal Saint-Amans, a representative of the\u00a0Organization for Economic Cooperation and Development(OECD), was in Cayman to explain the\u00a0OECD\u00a0position with respect to the proposed\u00a0European Union\u00a0and\u00a0OECD\u00a0\u201cblack list\u201d of the\u00a0Cayman Islands. I am not sorry<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,54,40],"tags":[17,35],"class_list":["post-990","post","type-post","status-publish","format-standard","hentry","category-european-union","category-oecd","category-regulatory-transparency","tag-european-union","tag-oecd"],"yoast_head":"\nCayman initiative is warfare - Travers Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/anthonytraversobe.com\/?p=990\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cayman initiative is warfare - Travers Consulting\" \/>\n<meta property=\"og:description\" content=\"Published by The Washington Times,\u00a0Monday January 14th 2019 Recently, Pascal Saint-Amans, a representative of the\u00a0Organization for Economic Cooperation and Development(OECD), was in Cayman to explain the\u00a0OECD\u00a0position with respect to the proposed\u00a0European Union\u00a0and\u00a0OECD\u00a0\u201cblack list\u201d of the\u00a0Cayman Islands. 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