Spain wants 'tax haven'
Gibraltar
blacklisted
By Fiona Govan in Madrid on the Telegraph newspaper website
http://www.telegraph.co.uk
March 18 2008
Spain is calling for the British colony of
Gibraltar to
be blacklisted as a tax haven amid claims it shelters corrupt businesses.
Spanish authorities will this week ask the Organisation for Economic
Cooperation and Development (OECD) to list the disputed territory of
Gibralter as "uncooperative" because it is failing to help investigate
financial corruption.
The Spanish Treasury Department claimed Gibraltar had not been forthcoming
in helping to clamp down on Spanish tax evaders and money launderers.
The 2.53-square-mile territory has more than 28,000 registered companies and
Spain said many of them operate outside the control of financial
authorities.
Peter Caruana, the Chief Minister of Gibraltar, disputes claims that his
government is being obstructive.
"If the Spanish government is saying that the Gibraltarian authorities are
not cooperating with Spain in the way we cooperate with other countries,
then that is simply untrue," he said yesterday.
The complaint is the latest in a series of attacks by the Spanish government
against the territory and comes weeks after Gibraltarian and British
authorities were criticised by Spain for failing to secure a stricken ship
in disputed waters off the peninsula.
The vessel eventually broke up, causing an oil spill on Spanish beaches. The
Spanish government summoned the British ambassador in Madrid for an
explanation.
Gibraltar was seized by the British in 1704 with the Spanish ceding
sovereignty in 1713 under the Treaty of Utrecht.
But Spain has retained a constitutional claim and calls for its return, an
issue that has long tarnished relations between Spain and Britain.
The two nations considered sharing sovereignty, but in a 2002 referendum 99
per cent of Gibraltarians rejected the move and voted to remain a British
colony.
In 2006 Britain, Spain and Gibraltar signed a historic agreement to solve
problems that have coloured relations in the region for decades.
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