‘Dirty money’: U-turn as Tories back plans to make tax havens transparent
Posted by seumasach on December 15, 2018
“The disclosure measure had originally been proposed by David Cameron and George Osborne in 2013, but the commitment was dropped when May became prime minister, prompting Hodge and Mitchell to act in concert to get the measure on the statute book.”
Interesting that the UK government has acted against these tax havens although they still have the Isle of Man and the Channel Islands. May, then, is a safe pair of hands as far as City interests are concerned and, by the look of it, not a closet Remainer.
1st May, 2018
Britain’s overseas territories will be forced to adopt public registers of company ownership at the end of the decade after the government conceded it would have to support a backbench amendment designed to stem the global flow of “dirty money”.
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