tax avoidance | Descrier News

Browsing: tax avoidance

Panama Papers: Cameron under pressure to reveal whether family still has money stashed in overseas tax havens

David Cameron is under increasing pressure to reveal whether his family’s wealth is still held in tax havens after the leaked Panama Papers reportedly showed his father’s involvement in a Panama-based financial scheme that paid no UK tax over a period of 30 years.

Politics

Would abolishing “non-dom” tax status raise more revenues?

The Labour party wants to abolish the non-domiciled (non-dom) resident status for UK tax purpose, but will this raise overall tax revenues?

Politics

Election 2015: Labour to scrap “non-dom” tax status

A future Labour government would abolish the non-domicile status that allows some wealthy UK residents to avoid paying UK tax on earnings made outside the country.

Europe

Switzerland: Police raid offices of HSBC in Geneva over money laundering allegations

Swiss authorities have raised the Geneva offices of a subsidiary of HSBC over allegations of money laundering.

Politics

Cameron a “dodgy prime minister surrounded by dodgy donors”, claims Miliband

Ed Miliband called David Cameron a “dodgy prime minister surrounded by dodgy donors” in a clash over political donors who held Swiss bank accounts with HSBC.

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