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01/10/2008

Parliamentary question about tax havens

Mr. Austin Mitchell: To ask the Chancellor of the Exchequer if he will commission research on the levels of use of offshore tax havens by UK banks and the economic effects of that use. [175531]

Jane Kennedy: There are no plans to commission research on the levels of use of offshore tax havens by UK banks and the economic effects of that use.

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20:15 Posted in UK | Permalink | Comments (0)

Cyprus placed on Russian tax ‘blacklist’

The Finance Ministry in Moscow has placed Cyprus on a black list of jurisdictions deterring Russian companies from registering here and then repatriating their dividends tax-free back home.

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20:10 Posted in Cyprius | Permalink | Comments (0)