UK overseas territories such as Cayman Islands also may lose protection once afforded by UK’s EU membership

The European parliament is pushing for UK overseas territories including the British Virgin Islands, Guernsey and Jersey to be added to an EU tax havens blacklist after the conclusion of the Brexit deal.

Sending a signal that tougher action on tax avoidance was required in response to the coronavirus pandemic, MEPs voted overwhelmingly in favour of adding more nations and territories to the list of non-cooperative jurisdictions.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

How the nitty gritty of video game funding shapes what you play

From old-school publishing models to a collective of indie game makers, funding…

German prosecutors searched boat Nord Stream saboteurs may have used

Ministers urge caution over reports pro-Ukrainian group behind gas pipeline blasts German…

UK weather: flood alerts in northern England as rain hits sports events

Downpours affect Open golf tournament and fourth Ashes Test and festivalgoers also…