Bermuda to host tax transparency forum

Bermuda’s transformation from ‘grey list’ tax haven to internationally
approved tax co-operative state has been confirmed after being chosen as the
host nation for a major event on tax transparency.

The Organisation for Economic Co-operation and Development’s (OECD) 2011
global forum on transparency and tax information exchange will take place in
Bermuda following a vote by members of the steering and peer review groups,

Having previously been on a grey list of territories over tax information
sharing, Bermuda was moved onto the OECD’s white list in June last year after it
signed 18 tax information exchange agreements with various nations.

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