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It's a British crown dependency, and afaik not the only tax haven under British rule. And it seems like there's no much the EU will be able to do about those.
by _0ffh 9y ago
It's a British crown dependency, and afaik not the only tax haven under British rule. And it seems like there's no much the EU will be able to do about those.
- charlesdm 9y agoPerhaps this might change after brexit though.
- toyg 9y agoYes, French and German authorities have made it known that they cannot wait for brexit to happen because it will relieve them of any need to play nice with the UK about shenanigans like these. At the same time, the Irish border problem puts the Republic of Ireland in a similar position of weakness, and they are enemy n.2 for honest tax authorities worldwide. Enemy 3 and 4 (Luxembourg and NL) have also been weakened by the disappearance of the “free trade alliance” that ran from Poland to Ireland, and when left isolated, they have been successfully bullied in the past anyway. This is one of the very few areas where brexit might actually end up a net positive for the world at large.
- charlesdm 9y agoMaybe. It's likely a UK-EU trade deal will appear before Brexit (in some way or another) and that might not lead to many changes in the end.