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It's always funny when Brits complain about foreign tax havens. The UK is a massive tax haven, with oodles of little overseas territories, or Isle of Man, or th
by rmc 11y ago
It's always funny when Brits complain about foreign tax havens. The UK is a massive tax haven, with oodles of little overseas territories, or Isle of Man, or the Channel Islands.
- JupiterMoon 11y agoIn general if we know about them (most people don't) we object to this just as much. NB the channel islands aren't strictly speaking a part of the UK.
- marrs 11y agoNeither the Isle of Man nor the Channel Islands are a part of the UK.
- pjc50 11y agoUrgh. This is part of the problem. They're Crown Dependencies. They're neither fully independent countries nor part of the UK. They're accountable to their own local electorates but host a lot of firms doing business that's really in other countries. They're ideal tax havens. I am fond of the constitutional tweeness of Man, Sark, etc, but their situation really does need to be regularised.
- spacecowboy_lon 11y agoThe last time that was on the cards suddenly all the MP"s expenses got stolen then exposed by a news paper whose owners live on sark. Not that I am saying the two are related of course Inocent Grin
- bpodgursky 11y agoIf the Isle of Man was invaded, the UK would be the one defending it. The legal wordplay is irrelevant; it has no effective sovereignty if it cannot even put up a semblance of defending its own borders.