How Britain is responsible for a third of the world's lost taxes


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How Britain is responsible for a third of the world's lost taxes



Tax havens cost governments at least $245bn a year in lost revenue – and many of these havens are British. In fact, the country is leading the world in hiding legitimate money and laundering dirty cash. So how did we get here, and how has Britain managed to preside over a third of the world’s lost taxes?

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24 Comments

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  1. I watched a detailed documentary on tax heavens few years back and it was an eye opener. In my country Pakistan, we often hear the names of these tax heavens in media as its the popular way of our highly corrupt politicians and rich businessmen to hide and launder their money. Their favorite destination used to be Switzerland but now London, Cayman Islands, UAE come on top.

    Might be a surprise to some but the former PM of Pakistan who ran away from the country and lives now in London after the top court declared him a criminal owns a Hyde Park residency, 3 avenfield apartments and multiple properties in Mayfair, Chelsea and Belgravia and living life peacefully under british protection alongwith his two sons. Former Minister of finance is also on the run and is currently living in London.

  2. "The Billionaires of this world are not symbols of success, but of Violence. And until this Violence you call 'Poverty' ends, there shall be no peace on this planet" ~ Peter Joseph, The Venus Project

  3. I’m doing quite well without any vaccines. Burden of proof lies with the prosecuting party. You have to prove in a court of law that I passed the corona virus over to you. You have failed to meet that burden.