> to take the heat off the City of London being a tax haven What exactly makes the City of London a tax haven? If anything, it is not a tax haven itself but a

> to take the heat off the City of London being a tax haven What exactly makes the City of London a tax haven? If anything, it is not a tax haven itself but a facilitator to set up structures in some Crown Dependencies. But that makes it a financial and corporate service capital, not a tax haven (i.e., "a country or independent area where taxes are levied at a low rate")