Tuesday, 1 May 2018

Government agreed to calls for new measures aimed at increasing transparency in offshore tax havens



The government has agreed to calls for new measures aimed at increasing transparency in offshore tax havens.

 
Facing a possible Commons defeat, ministers said they would not oppose an amendment to force British overseas territories to publish details of the true owners of companies based there.


Campaigners say public registers make it easier to uncover corruption, money laundering and tax dodging.


The move was backed by both Labour and Tory MPs.


The government has also agreed to a new laws to sanction people suspected of gross human rights abuses.





BBC    News.