Fabian Picardo tells Ed Miliband Gibraltar is ‘not a tax haven’

First Minister responds to Labour leader's letter marking Gibraltar as a tax haven

LAST UPDATED: 9 Feb, 2015 @ 11:06
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FIGHTING BACK: Fabian Picardo

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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3 COMMENTS

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  1. PM Picardo – don’t waste your breath — Miliband, “The Younger” cannot read… nor hear…. nor understand. He’s a Labour PM.

  2. Milliband is an idiot with no common sense, speaks without thinking, and has never lived in the real world, a “professional politician” from the start

  3. Watch out Ed, the Emperor of an important part of the EU has spoken!

    He is not going to try to convince you as to why there are thousands of citizens from all over the world, including Spain, with bank accounts in Gibraltar. No no no Sir, the Emperor is just going to tell you to look the other way and let Gibraltar get on with business as usual, or in other words, get on with money laundering, tax evasion and smuggling.

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