PM responds to Saint Lucia being put on EU black list of tax havens

Prime Minister, Allen Chastanet, has been responding to news that the European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South Korea.

Chastanet told St Lucia Times that his administration found out about the blacklisting on Tuesday.

“The background to this information is a  process, from my understanding, that started about a year  ago but really came into heightened attention probably at the end of October,” the Prime Minister, who is also Minister for Finance, Economic Growth, Job Creation, External Affairs and the Public Service, explained.

He noted that the EU is trying to clamp down on what they consider to be  competitive tax regimes.

“Being on this list right now – its about us being able to  meet with the EU and the OECD and hopefully finding a way in which we can either agree to abolish some of the tax regimes that we have currently in Saint Lucia, or to amend them in order to be able to meet what we call their minimum standards,” Chastanet stated.

He disclosed that Saint Lucia is currently awaiting the letter that accompanies being put on the EU black list.

“Once we get the letter we will then fully understand what are the  timelines that are being set out,” Chastanet told St Lucia Times.

 

 

8 Comments

  1. Mel
    December 7, 2017 at 12:12 am Reply

    The LIAR extraordinaire!

  2. The Righteousness of GOD in Christ!
    December 7, 2017 at 8:18 am Reply

    New Testament Verse of the Day:
    … and poured water into a basin. Then he began to wash the disciples’ feet, drying them with the towel he had around him.
    – John 13: 5

  3. kj
    December 7, 2017 at 8:49 am Reply

    you eh hang yourself yet Chas failure

  4. kj
    December 7, 2017 at 9:02 am Reply

    how did this retarded became pm chastnet tell us one business that you have managed successfully the answer is not one everything you touch fail that’s why papa doc eh want you involved in none of his & you want to run a country damn idiot mullatto

  5. anon1
    December 7, 2017 at 9:45 am Reply

    Well that was a whole load of nothing

  6. Smh
    December 7, 2017 at 10:57 am Reply

    All your fault so shut up

  7. MEL
    December 7, 2017 at 11:40 am Reply

    FREE US CHASTENT…..RESIGN YOU ARE A FAILURE!

  8. WHAT?
    December 8, 2017 at 4:28 pm Reply

    Seems to me a year ago was under another regime

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