CHIEF Minister Fabian Picardo has blasted Ed Miliband’s comments that Gibraltar is a tax haven.
Picardo wrote to the leader of the UK Labour party after a letter from Miliband appeared in the UK press on Saturday.
In his letter, Gibraltar’s leader told Miliband that it was ‘unfair’ to characterise Gibraltar as a tax haven as it applied by European Union regulations.
“I’m sure he will have been very disappointed in fact that I had to read his letter in The Guardian newspaper, that I haven’t in fact received his detailed communication,” Picardo said.
“I think it is important to be very discerning about what Gibraltar represents. Gibraltar is not just an overseas territory, it is also an important part of the EU.
“Therefore it is quite unfair to characterise Gibraltar as a tax haven.”
In the original letter, Miliband said, if elected, his government would refer any failure to produce publicly accessible central registers to the Organisation for Economic Co-operation and Development (OECD).
In response, Picardo said Gibraltar was committed to producing a central register.
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