VOL. XLIV
No. 21
21-May-2001
US
Offshore Centers Gain Possible US Reprieve From OECD Sanctions Threat
Offshore finance centers may have gained a temporary reprieve from an OECD initiative which threatens to undermine their ability to pursue independent fiscal policies, with the 10 May announcement by US Treasury Secretary Paul ONeill that "the US does not support efforts to dictate to any country what its own tax rates or tax system should be and will not participate in any initiative to...
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