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11/7/2013

START DATE

END DATE

11/18/2013

Minister of Finance v. Bunge Ltd

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

Court of Appeal for Bermuda

Tax Law International Law

Zacca President Evans J.A. Ward J.A.

Mark Pettingill Shakira Dill

Lord Pannick QC Jeffrey Elkinson

FACTS OF THE CASE:

Argentina requested tax information from Bunge Ltd in Bermuda under a tax information exchange agreement; Bunge Ltd contested a statutory demand for information issued by the Minister of Finance claiming the request must be disclosed for verification of its validity.

SUMMARY:

Whether the terms of an information request under a tax information exchange agreement must be disclosed to validate a statutory demand for information.

OUTCOMES:

Appeal dismissed Minister required to disclose terms of the request as necessary for validation excluding sensitive material.

RULED IN FAVOUR OF:

Defendant

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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Minister of Finance v. Bunge Ltd

Argentina requested tax information from Bunge Ltd in Bermuda under a tax information exchange agreement; Bunge Ltd contested a statutory demand for information issued by the Minister of Finance claiming the request must be disclosed for verification of its validity.

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