The right amount of tax
Offshore: Information is power, but when does one have power over information? The UK's offshore fraud project group has recently been flexing its muscles, taking a seldom-used law and applying it to obtain information on tax avoidance, as Hartley Foster reports
Neither the use of offshore jurisdictions as a way of mitigating UK tax, nor, unfortunately, the attractiveness of such jurisdictions, by reason of these countries’ independence and general culture of secrecy, particularly banking secrecy, to tax evaders and other criminals are recent phenomena.
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