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£13 trillion hoard hidden from taxman by global elite

On July 21, 2012, in Greed, by Editor

Study estimates staggering size of offshore economy. Private banks help wealthiest to move cash into havens. – By Heather Stewart, The Guardian, UK The Cayman Islands: a tax haven for the rich and corrupt. A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore […]

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Abramovich denies stamp duty dodge

On September 13, 2011, in Tax Evasion, by Editor

It has been widely reported that Roman Abramovich had bought a £90?million house in Kensington Palace Gardens from Belgian-born hedge fund enterpreneur Pierre Lagrange, who had snapped it up for only £19?million in 2004. London Evening Standard, UK But a Land Registry search reveals that the property is still owned by the same Jersey-based company […]

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