An information sharing contract has been signed between the Nordic nations and the Bahamas, intended to hinder Nordic tax evasion.
The contract signed yesterday allows Nordic tax authorities access to information on taxes paid and deposits made by Nordic citizens in the Bahamas and will help them track and assess those trying to hide taxable assets overseas.
The contract is the latest in a joint Nordic campaign against tax fraud and was signed at the Danish Embassy in Paris yesterday.
The project has been enthusiastically endorsed by the OECD and has strengthened the position of the Nordic nations on the world stage, RUV reports.
Since project negotiations began in 2007, similar contracts have come into force with Aruba, Andorra, the Bahamas, Bermuda, Guernsey, Isle of Man, Jersey, the Antilles, the Cayman Islands, British Virgin Islands, Anguilla, Turks and Caicos Islands, Gibraltar, the Cook Islands, Samoa and San Marino.
Denmark has also independently signed similar contracts with St. Lucia, St. Vincent and Grenadine, St. Kitts and Nevis and Antigua and Barbuda.
Many things come up for discussion at meetings of Nordic Prime Ministers. One thing on the PMs’ agenda todayhas particularly piqued public interest: Swedish historian Gunnar Wetterberg’s suggestion that the Nordic countries revive the Kalmar Union and become one single nation once more.
Norway is home to one of the world’s biggest annual football tournaments, the Norway Cup, which attracts youth players from around the globe to compete in the prestigious event. The matches have been underway in Oslo since Sunday, and will culminate in high-profile finals played today and tomorrow.
The Dutch and Icelandic men’s football teams will clash again in Reykjavik on 6th June after an October meeting in Rotterdam which Holland won 2-0. The Reykjavik match is the second leg in the countries’ qualification clash for the FIFA World Cup 2010 in South Africa.