Quote:
Originally Posted by jfman
If there's no benefit to a tax haven why do they exist then, nomadking?
The obvious answer - to move profits that could be taxed in the United Kingdom elsewhere. I'm flabbergasted at why anyone would support this - given the precarious state of our economy at this challenging time.
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I's not very patriotic from my point of view to defend such organisations. The British public was distinctly unimpressed with Richard Branson's plea for support to the British tax-payer for Virgin Atlantic.