3 ms·
A very large part of the problem here is the UK and nobody seems willing to say that out loud. Jersey, Guernsey, Isle of Wight, Gibraltar, Cayman Islands, Virgi
by KSteffensen 8y ago
A very large part of the problem here is the UK and nobody seems willing to say that out loud. Jersey, Guernsey, Isle of Wight, Gibraltar, Cayman Islands, Virgin Islands, all are british overseas territories, remnants of the british empire and known tax havens.
The UK could normalize the status of these and remove all the advantages that make them attractive as tax havens, but doesn't seem interested in doing so. Perhaps because of all the nice money involved, perhaps because the British government has other things to work on right now.