Some readers may have noticed comment recently in the UK press about the United Kingdom becoming a tax haven. But can the state really become a tax haven?
London – A tax haven is generally understood as being a country, state or territory where certain taxes are levied at a low rate or not at all and where at the same time due process, good governance and a low rate of corruption exist. The Tory party treasurer, Lord Fink, a hedge fund chief himself, who gives generously to the Tories, has added to the discussion by demanding changes in the UK’s tax...
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