The position is go ahead and blacklist us , we'll then briefly join WTO if we really have to to then sue their ass , then promptly leave WTO which may cause others to follow. And we'll make a loud statement that the blacklist is retaliation for seeking slave reparations.

Are they going to compensate for killing the market like they're forcing Britain to do? They can have Britain pay us the $100B instead....as a start.

Base erosion prevention is all because Merkel is mad the British Islands had more in their market than Germany.

What happened to Turnquest prioritizing having foreign entities support local ones with the Small and Medium Business Act?

http://mnetax.com/oecd-publishes-update…

http://mnetax.com/belgium-fairness-tax-…

All of this never ending blacklisting after black listing after blacklisting is tantamount to the unlawful imposition of economic sanctions against the Bahamas by elitist organizations that have a deceitfully hideous self-serving agenda aimed at creating a New World Order to fulfill the ambition of global rule. The blacklisting is designed to mercilessly cripple our smaller (defenseless) developing nation so that other much larger developed nations (like the OECD countries) can much more easily exploit for themselves (and at much less cost to themselves) our natural resources, including our utility enterprises. Already the blacklisters have moved from our shores to their shores, and within their own borders, much of the very lucrative and thriving offshore financial business that we enjoyed prior to the 1990s. Successive Bahamian governments and the brightest minds in our legal and banking communities have just stood by and allowed this nonsense to continue. From the late 1980's we have allowed ourselves to be wrongfully labelled as facilitating foreign nationals to evade payment of the taxes they owe in their home countries. But as a tax friendly jurisdiction of our own sovereign choosing, we have never had, nor should we ever be expected to have, a duty to help police and protect the tax base of other countries at our expense. All of this foolishness was absurd from the outset. As the OECD countries increase the tax burden on their citizenry to unreasonable levels, they force an increase in our burden and expense of policing and protecting their unreasonably high tax bases. The blacklisters and the international lending agencies are working together to turn the Bahamas into a high taxing jurisdiction so that they can then claim their so called hideous exchange of tax information agreements have validity through reciprocity, i.e. they will in turn help the Bahamas police and protect its own tax base. But all of this blacklisting foolishness is nothing but an effort to disguise the blacklisters' true agenda, which is the wrongful stealing of our financial services economy and our other natural resources for their own benefit to the detriment of the standard of living and quality of life of all Bahamians.

The OECD countries also don't like the idea that we have an exchange control regime with the Bahamian dollar supposedly still pegged at par against the U.S. dollar. They would like nothing more than to see our country destabilized (as a result of their ever increasing burdensome requirements) to the point where our Bahamian dollar is significantly devalued and made to float against the U.S. dollar. This is their ultimate goal which will allow them and their greedy corporate interest groups to acquire our natural resources, utility enterprises, etc. at bargain basement prices, leaving the Bahamian people to be nothing but economic slaves for their new foreign masters!

all of this shows that really small states although politically independent, in reality have little control in matters the 'big boys' consider important. its their way or the highway. and its not just the Europeans,... note uncle Sam just posted the most recent list of money laundries and (not surprisingly given the heavy chinese presence here), quite naturally we were on that list too..

If the Bahamas will give in to endless foreign demands, which always seem to become new ones even if you meet the old demands then it is no longer soverign.

Why is it so hard to state the Bahamas Government does not represent the OECD but rather the Bahamian people?

Reminds me of Mr. Burns of the Simpsons who invested monies in companies making in buggy whips, gaiters and spats, not realising that the entire world had changed since he made those investments.

you know, this wouldn't be the case of the Caribbean united as a trade block. I've witnessed 3 caribbean countries get stiff armed by the EU all because they were divided. CARICOM should work like our version of the EU.

All sounds so good to say FU to the EU and US but how many large investors, Joe Lewis etc ,and small investors like winter residents are going to like their money sitting at a clearing bank in NY for three months every time they do a transaction that involves any of their their Bahamian holdings .Pay bills ,transfer funds ,invest in the NYSE ,buy or sell ,use their credit cards ..try to import a car etc etc etc ,How is Butlers ,Kellys ,Arawak homes going to order goods w/ every money transfer sitting in NY to go through all kind of scrutiny b/c we went rogue

Exactly. There is only one game in town, and if you don't play by the rules, you no longer play. Simple.