Pierre blames negligence for EU blacklisting

The leader of the opposition Saint Lucia Labour Party (SLP), Philip J. Pierre, told a news conference Thursday that a decision by the European Union to put Saint Lucia on a black list of tax havens is a very serious matter.

And he has blamed negligence on the part of the Allen Chastanet administration for the situation.

The SLP leader declared that this country has never been blacklisted before.

“We have complied with everything that the EU or the OECD has told us to do,” Pierre noted.

According to him, Prime Minister, Allen Chastanet, has admitted that Saint Lucia has harmful preferential tax regimes.

“The EU in their communique said that Saint Lucia does not apply what is called BEPS minimum standards,” Pierre stated.

He explained that BEPS means Base Erosion and Profit Standards, and refers to tax plans used by multinational companies that exploit gaps and mismatches in tax regimes to artificially shift profits to low or no tax locations where there is little or no economic activity.

“All Saint Lucia had to do was to commit to changes by December 2018. It is because of negligence of the government  that they did not give the EU a commitment. All that they had to do was to give the EU a commitment that they would deal with the BEPS,” the SLP leader told reporters.

“The more important question is – What did Saint Lucia do, what legislation did we introduce, what did the Prime Minister say that caused us to be blacklisted after we had never been blacklisted before? What did he say? What did he do? And why did he not commit to make the changes by December 2018?” Pierre asked.

He asserted that because of negligence and lack of care on the part of the Prime Minister, Saint Lucia received the blacklisting by the EU.

 

 

4 Comments

  1. The Wotcher
    December 7, 2017 at 6:17 pm

    Pip you are politisizing this as you do every other issue for your stupid political gain. You better than anyone else should know that this blacklisting has more to do with the offshore banking or IBC incentives introduced by Government while your regime was in power. You were the Minister of Commerce. You know full well that organizations like the EU and the US don’t care about our politics and this is a continuation of what your government did not want to do so please don’t come with your normal behaviour to try that ninsesnse argument. You know that governments don’t just wake up one day and issue agreements like this. Guess what…..you also failed to do your job here. As you usually do.

    1. The Righteousness of GOD in Christ!
      December 8, 2017 at 8:13 am

      New Testament Verse of the Day:
      “I tell you the truth, anyone who believes in me will do the same works I have done, and even greater works, because I am going to be with the Father.”
      – John 14: 12

  2. nudge
    December 7, 2017 at 7:10 pm

    The puppets from the UWP and the SLP are quite keen to hide their mendicant ways from the citizens of St. Lucia, in respect to their puppeteers from the US and UK.

    See the article at https://www.globalresearch.ca/the-absurd-eu-tax-haven-blacklist-a-sigh-of-relief-from-global-money-launderers-and-tax-dodgers/5621899, which highlights the desperation of the Rothschild-controlled states, who can no longer extort obeisance to the fiat petro-dollar from Russia and China; so they are turning on their own citizens, as well small states such as St. Lucia, in order to pretend that the empires they controlled still have relevance in the 21st century.

  3. zoya lee
    December 7, 2017 at 7:18 pm

    That is why you will never by Prime Minister. Keep complying with everything. Just like you complied with everything Kenny Anthony did and u paying for it now. So if the EU tell us jump, we have to say how high? yessa massa! Nonsense! Allen Chastanet is a stronger leader than you will ever be. The EU wants to run our islands and prevent us from competing in the word. stay smalll caribbean, dont make too much noise caribbean. NO MORE!!!! Yall pollute the world. never pay us for slavery and now yall want to black list us. Pip dont upset me!!!!!!!!! go an bring tales to the EU about your island. so unpatriotic!!!! you selling out your country because the EU release a list. Saint Lucia is no tax haven, we all know thats nonseense!!!! the EU NEVER LIKE STRONG LEADERS IN THE CARIBBEAN.

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