| Description | File containing correspondence, reports and memoranda. Material concerning: tax havens in the Caribbean and the amount of tax avoidance and revenue loss; the possible removal of tax havens from the sterling area; private, non-bank holdings (in sterling) in the Bahamas and Bermuda; and proposals for a United States (US) dollar investment in the Turks and Caicos islands. Includes report on tax havens and exchange control in the Caribbean (surveying the problem they represent to the British economy); a press cutting from the Financial Times regarding amendments to the 1952 Income Tax Act attacking tax havens; a diplomatic report comprising the 1969 annual review of the West Indies Associated States; and a report on his visit to the Caribbean in February to March 1970 by Gordon Eric Hall, (with reference to the area's regional development, the East Caribbean Currency Authority and general currency problems). |