André Ebanks, Cayman Islands Minister of Financial Services and Commerce, defended his country’s tax policy, denying the label ‘tax haven’, on Monday 14 November, during his hearing at the European Parliament’s Subcommittee on Fiscal Affairs (FISC).
“We are an investment hub, meaning a jurisdiction that facilitates the transit of investment through favourable fiscal conditions, including a stable legal environment and political regime”, he said, using definitions from the 2015...