Keith you are behind the times these are no longer 'tax havens' for tax evaders.
Savers have to declare their money according to the EU directive.
KSFIOM depositors do not want a 'bail out' just their funds returned that have been expropriated by HMG.to pay out UK savers.

kate, london, uk

Why should IceSave savers get compensation above the agreed £50K UK limit, if they do then Brown should guarantee to protect all savings in UK banks to create a fair system. I would rather IceSave savers only get the £50K maximum and are left losers, it was they who ignored the £18K when signing up.

Contax, Brigg, UK

Keith and Marie's ignorance is amazing. FYI Guernsey & IOM deduct tax at source for UK/EU residents and remit to UK/EU. It is adjusted on national annual tax returns if higher rates apply. There is no tax avoidance. Many of us are retired and paid our taxes for over 40 years. Greedy? Know the facts!

Emma B, Guadalajara, Mexico

Would KSF´s depositors demand money owed from a person while he/she is being held up at gunpoint? That's what happening to Kaupthing, and now they are asking for depositors' patience while the gunmen (Gordon Brown and Alistair Darling) are apprehended, prosecuted and sentenced by courts of law.

Halldor Halldorsson, Hafnarfjordur, Iceland

Why would the Chancellor say he cannot help KSF IoM because it is in another jurisdiction and an Icelandic subsidiary, when HMG assisted Bradford & Bingley in that same jurisdiction and has also underwritten deposits of a few hundred thousand depositors in IceSave - an Icelandic subsidiary!

Lou, Saar , Bahrain

HMG brought Kaupthing bank UK under Administration and froze all assets - including huge deposit belonging to IoM. He indicates no intention of returning money to its rightful owners - the savers in KSFIOM. Will the Icelandics honour their guarantees to IoM depositors - or claim collapse due to HMG?

Lou, Saar, Bahrain

Lord Turner said during the Treasury Select Committee meeting that the deposit made by KSF IoM into the Kaupthing bank UK was 'large in relation to the size of the [IoM] bank ' - indicating that the bank in which the KSFIOM savers had placed their life-savings was sound and solvent - b4 HMG acted.

Lou, Saar, Bahrain

To say that depositors in Gsy and IoM want "patriotic taxpayers to bail them out" is quite trite and misinformed. Landsbanki Gsy and Kauthing IOM were net creditors to their onshore affiliates - as it stands, these depositors are being forced to personally bail out onshore taxpayers. Is that fair?

Caroline, St Peter Port, Guernsey

Guernsey and Isle of Man -- those would be tax shelter states -- states where people put their money to avoid tax.

So after not paying taxes to a full-function state that would safeguard their investments, they want patriotic taxpayers to bail them out.

Keith S, Winnipeg, Canada

Because Jersey ,Guernesey and the Isle of Man are considered as "overseas=offshore",and have specific legal status that have nothing to do with the UK...that why greedy people put their money "offshore"...because they get more interests.
That why UK taxe doesnt apply to those three islands.

Marie, London, UK

I'm pleased that the EU have taken this position and glad the the Icelandic government have accepted it. Now Iceland will get their loan and we can all move forward. A very interesting country, Iceland; I wish them all the best.

Adam B, Coventry, UK

If the UK Government supports "equal treatment for all creditors.” perhaps the UK Treasury can explain why this "equal treatment" in representations to Iceland does not include British savers in Landsbanki Guernsey and KSF Isle of Man. Unlike abandoned charities and councils we DO have a vote!!

Emma B, Guadalajara, Mexico