jemmesedi, to UKpolitics
@jemmesedi@c.im avatar

The use of UK crown dependencies, and overseas territories for tax avoidance, tax evasion, and money laundering must be ended.

To plead "If we don't do it, somebody else will" is to adopt the rhetoric of pimps and pushers.

Nearly 40% of dirty money is laundered in London and UK crown dependencies | Tax havens | The Guardian

https://www.theguardian.com/world/article/2024/may/14/nearly-40-of-dirty-money-is-laundered-in-london-and-uk-crown-dependenies

#UKPolitics #Taxation #CrownDependencies #DirtyMoney #GlobalFinance #MoneyLaundering

fkamiah17, to UKpolitics
@fkamiah17@toot.wales avatar

At this point, you have to wonder whether there are any multinational companies operating within the rules.
FT: "Trafigura accused of multimillion trading cover-up in London’s High Court"
If the name Trafigura rings a bell, it's because they were a main player in the Paradise Papers: https://www.icij.org/investigations/paradise-papers/
Another prominent beneficiary was a certain David Cameron, via his dad.

https://archive.is/CcAEb

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