Re:City of London: Tax haven in the heart of Britain (2011)
by xxpor on Thursday June 25, 2020 @03:44PM
(#23644707)
Wasn't one of the theories why the UK wanted to get Brexit done by New Year's this year that there was a new EU financial transparency directive coming into effect that might have exposed a lot of Conservative MP's financial dealings?
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Re:City of London: Tax haven in the heart of Britain (2011)
by DaiPlusPlus on Thursday June 25, 2020 @04:26PM
(#23645280)
I'm a die-hard remainer, but I know that's untrue: https://fullfact.org/online/brexit-not-concealing-offshore-a...
Re:City of London: Tax haven in the heart of Britain (2011)
by rjmunro on Thursday June 25, 2020 @05:46PM
(#23646144)
That is specifically true, but I suspect being out of the EU will make the UK easier for money launderers and similar in the long term.
Re:City of London: Tax haven in the heart of Britain (2011)
by xxpor on Thursday June 25, 2020 @06:14PM
(#23646375)
Ah that's right, it was offshore accounts. Thanks for the link, good to know that wasn't actually the case.
Re:City of London: Tax haven in the heart of Britain (2011)
by raverbashing on Thursday June 25, 2020 @04:38PM
(#23645414)
Well, not about bank accounts (and that's on CRS and it's a couple of years old already anyway) but your link does mention two related laws/policies (one of them referring to companies)
Re:City of London: Tax haven in the heart of Britain (2011)
by pjc50 on Thursday June 25, 2020 @04:36PM
(#23645396)
Of more interest is the suppressed "Russia Report": https://www.theguardian.com/politics/2020/jun/20/russia-repo...
Re:City of London: Tax haven in the heart of Britain (2011)
by pydry on Thursday June 25, 2020 @04:18PM
(#23645159)
Except the UK is still bound by those regulations. The "getting Brexit done by new year" was a dog and pony show.
Re:City of London: Tax haven in the heart of Britain (2011)
by m0xte on Thursday June 25, 2020 @05:05PM
(#23645695)
I think it was a positive feedback loop across several data driven political outfits that happened to saturate into an exit eventuality. I don’t think our politicians are even in control of it. They just naively do what keeps working for them personally even if it involves skipping merrily off a cliff.