Tag: British Virgin Islands

• Wednesday, April 6th 2016 - 07:39 UTC

  Labor leader Corbyn says UK should consider “direct rule” on overseas territories acting as tax havens

  

  Pressure mounted on Prime Minister David Cameron on Tuesday to impose “direct rule” on British overseas territories after several of them figured as tax havens in the leaked Panama Papers that have caused ripples around the world.

• Friday, April 25th 2014 - 21:33 UTC

  British Virgin Islands received more FDI in 2013 than Brazil and India together

  

  The British Virgin Islands received more foreign direct investment last year than the major emerging economies of India and Brazil combined, a United Nations survey said on Tuesday. Brazil and India got 63 billion and 28 billion respectively.

• Thursday, January 23rd 2014 - 10:13 UTC

  Report reveals overseas accounts in tax havens of the Chinese communist elite

  

  Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals. As the report was released several western newspapers, news agencies and websites, some of them with the mandarin version, were hacked in China.

• Thursday, May 2nd 2013 - 07:56 UTC

  British tax havens will have to open their banking systems to UK and EU scrutiny

  

  Tax havens such as Bermuda and the Cayman Islands will work more closely with Britain and other European countries to fight tax evasion, British finance minister George Osborne said.