December 2, 2023

UK: Labour takes aim at tax havens as £13TRILLION of UK firms’ assets squirrelled away offshore

By Nigel Nelson Shadow Chancellor John McDonnell says Labour would insist all firms operating in Britain with more than 250 staff must declare full worldwide assets, allowing them to be taxed on those assets A mind-boggling £13trillion of assets in major firms who do business in the UK are squirrelled away in tax havens abroad […]