Links - Jan 16
British Tax Haven’s Safety, Secrecy Face Brown, Obama Challenge
Jan 16 (Bloomberg) - The Isle of Man admits that it channels billions of pounds into London’s financial district. “We are vitally important feeders into the United Kingdom,” Bell said. Gordon Brown, said John Christensen, director of U.K.-based non-profit Tax Justice Network and economic adviser to Jersey from 1987 to 1998, “can’t reform the world financial system without reforming the fiscal black holes he is responsible for.” The Isle of Man also faces a challenge from Washington.
Jan 16 (Bloomberg) - The Isle of Man admits that it channels billions of pounds into London’s financial district. “We are vitally important feeders into the United Kingdom,” Bell said. Gordon Brown, said John Christensen, director of U.K.-based non-profit Tax Justice Network and economic adviser to Jersey from 1987 to 1998, “can’t reform the world financial system without reforming the fiscal black holes he is responsible for.” The Isle of Man also faces a challenge from Washington.
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