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Montevideo, March 28th 2024 - 19:53 UTC

Tag: offshore tax havens

  • Wednesday, May 2nd 2018 - 08:25 UTC

    UK agrees on new measures to increase transparency in offshore havens

    Campaigners say public registers make it easier to uncover corruption, money laundering and tax dodging. The move was backed by both Labour and Tory MPs.

    The British government has agreed to calls for new measures aimed at increasing transparency in offshore tax havens. Facing a possible Commons defeat, ministers said they would not oppose an amendment to force British overseas territories to publish details of the true owners of companies based there.