A legal expert is warning
Guernsey against adopting too much UK legislation.
Paul Arditti, consultant at Collas Day legal firm, issued the warnings after tax inspectors from Her Majesty's Revenue and Customs were given new powers to hunt
tax dodgers on the island.
Speaking to the
Guernsey Press, Mr Arditti claimed that the UK is attempting to remove competition from
offshore jurisdictions by introducing new laws.
He told the newspaper: "Because the UK and its European partners are so desperate for
tax, they try to tell us that all these new laws are international standards and that we must comply.
"The reality is that we have all the right people to come up with our own laws here in
Guernsey. We just need the confidence to stop following the UK."
In other news, Dr Cees Schrauwers, the newly-appointed head of the
Guernsey Financial Services Commission, said that he wants to meet the companies that are under regulation and ensure continued dialogue between the two parties, the newspaper reported.
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