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There is a theory saying that Brexit campaign was financed by the people afraid of the EU banking transparency laws, that would threaten many UK-based tax haven
by Iv 7y ago
There is a theory saying that Brexit campaign was financed by the people afraid of the EU banking transparency laws, that would threaten many UK-based tax havens.
- buboard 7y agoIf you look at the data, there’s plenty of EU tax havens to use
- mpweiher 7y agoAnd it still wasn't enough...
- thecleaner 7y agoAny one that is particularly employee friendly ?
- Iv 7y agoBut they won't protect you from US taxes, they won't protect you from Putin's probes, from EU sanctions or from anti-terrorism laws. Switzerland's haven status was shot down by the GWB administration, and Cyprus surprise taxation made a lot of shady billionaires weary of EU.
- iudqnolq 7y agoThen why did the financial sector campaign heavily against Brexit, and most of the employees in that sector vote against it? Brexit would make it much harder for Europeans to use British financial products. > Britain’s financial services industry, the country’s biggest tax earner, risks being cut adrift from its main export market - the European Union - after Brexit. https://www.reuters.com/article/us-britain-eu-finance/britains-finance-industry-at-brexit-crossroads-idUSKBN1WV1V8 https://www.reuters.com/article/us-britain-eu-finance/britai...
- Iv 7y agoBecause managing tax havens is a very small part of the sector in number of employees.