David Cameron talks the talk approximately cleaning up international finance. Yet some of the biggest havens of dirty money are British territories and London property
• Corbyn says UK should impose direct rule on tax havens
• Five things Britain could attain now to clean up tax havens[br]• What are the Panama Papers?British taxpayers are so shocked,we were assured by clean-government campaigners yesterday, that something will now have to be done. Really? Ordinary taxpayers shocked by the revelations drawn from 11 million documents leaked from Panama-based Mossack Fonseca? I fright not.
While indignant Icelanders at once massed in the real and the virtual worlds, and forced their beleaguered prime minister to resign; while the German justice minister promised urgent recent legislation to stop the anonymity of company owners,and the US authorities threatened swift action against tax delinquents, what was the UK government doing? The prime minister was insisting that the UK was on the frontline of the global struggle against corruption and denying that he held shares in an offshore company run by his late father. And that was pretty much that, or because,even after seeing the Guardian front page and a paltry half-hour’s BBC Panorama on Monday, we are too jaded and resigned to go rushing the gates of Downing Street. We have heard it all before.
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Source: theguardian.com