Since the turn of the year UK Prime Minister David Cameron has placed great emphasis on finding ways to deal with tax avoidance and offshore secrecy.
Leaders at the G8 have agreed new measures to address international money laundering and corporate tax evasion.
Progress are today launching a “Tax Avoidance Charter” ahead of the G8 meeting next month. They’ll be arguing that there’s no excuse for inaction on tax avoidance in the UK and that it is “simply unfair a group of global corporations and wealthy individuals are avoiding paying their fair share”.
An investigation by the ICIJ and media organisations across the globe has uncovered widespread use of covert companies inplaces such as the British Virgin Islands and the Cook Islands for tax evasion and other purposes by billionaires, politicians, and professionals around the globe
We are heartily sick of seeing corruption story after crime story after sleaze story oozing forth from the British Virgin…