• Previously a dependency of Jamaica, Turks and Caicos become a separate crown colony upon Jamaica's independence
  • Upon Bahamian independence in 1973 the islands received their own governor. From 1962 to 1973 the governor of The Bahamas oversaw their affairs
  • Independence for the island is agreed upon in principle with the British government. The islands are set to become an independent nation in 1982
  • A pro-dependency government was elected in Turks in Caicos. The new government reversed the 1979 independence policy
  • The Organization for Economic Cooperation and Development (OECD) removed Turks and Caicos from a list of countries and territories considered to be uncooperative tax havens. The Islands remained on the OECD's "grey list" of countries and territories that claim to comply with rules on sharing tax information, but have yet to act.
  • The British government imposed direct rule after a commission of inquiry found evidence of widespread corruption among the ruling elite
  • Territory was deemed by the OECD to have "substantially implemented the internationally agreed tax standard"
  • Home rule was restored to the islands.
  • The Islands signed agreements on sharing tax information with Britian, France, Germany, Italy, and Spain.


BBC News open_in_new
Britannica open_in_new