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The City of London itself is a tax haven. [0] https://platform-production.s3.amazonaws.com/therules-134-City_of_London_Campaign_FAQ.pdf https://platform-produc
by unreal37 5y ago
The City of London itself is a tax haven.
[0] https://platform-production.s3.amazonaws.com/therules-134-City_of_London_Campaign_FAQ.pdf https://platform-production.s3.amazonaws.com/therules-134-Ci...
- topicseed 5y agoThis is debatable... The City of London is not really a tax haven as it has the same tax rate as the rest of the UK. As the document whispers, what the City of London is, is a massive financial hub, that accommodates the offices and sales arms of many tax planning companies which sell professional services in London that would design structures to tunnel profits to various Crown Dependencies. But you would find such services in any supercity. London is simply sitting at the crossroads of multiple hubs so it facilitates a lot of what's despised — but in itself, there's no haven in town!