|
Re: Tax havens exposed in huge law firm leak
Just read an interesting article - the Scott Trust, owners of GMG, owners of the Guardian, was set up to avoid Death Duties (the predecessor of Imheritance Tax); it was even dissolved and reformed in 1948 as it was going to be liable for taxes....
https://en.m.wikipedia.org/wiki/Scott_Trust_Limited
And even more interestingly, an article on the GMG Investment Fund.
http://www.theguardian.com/gnm-press...fund-statement
Quote:
|
While the majority of the funds are based outside the UK, GMG is subject to UK tax on all income and realised gains arising from these investments.
|
Seems one rule/criticism for some, and another rule/lack of criticism for others....
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|