If anything good could possibly come out of all this, it might be a move to control tax-dodging tax-havens where you don’t need much in the way of ID to open a bank account. Who knew how many versions of Bermuda and the Cayman Islands there were in the Caribbean and around the world? It’s not just dodgy Russians, of course, but also dodgy tech (and other companies), whose profits generated anywhere with a half-decent tax regime end up via convoluted corporate routes somewhere sunny and tax-free. If you don’t believe me, just Google it…
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.
