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Re: Tax havens exposed in huge law firm leak
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Originally Posted by ianch99
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Love the way the Guardian are covering their asses on this one - " we'll make it sound bad, but will stress that nothing illegal can be proved". Some quotes from the Guardian article
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There is no suggestion that Blairmore was using them for any illegal purpose, and they were common among offshore funds at the time.
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There is no suggestion this arrangement was illegal and it was used by other offshore funds at the time
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Blairmore was created at a time when currency controls had just been relaxed and a number of British money managers decided to go offshore to make the most of low-tax jurisdictions. In 2012, in response to wider industry trends away from offshore, Blairmore moved residence from Panama to Ireland, which means it is now regulated in Europe.
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