Darling gets ready to hit tax havens hard

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The Times has reported that:

THE chancellor is to step up hostilities against Britain's super-rich by pressing for sanctions against Monaco, the Mediterranean tax haven.

Under one proposal, to be discussed by Alistair Darling with European finance ministers on Tuesday, there will be a levy on any money transferred to a Monaco account from anywhere in Europe.

Withholding taxes on all payments into a haven is something I've asked for for some time. Good to find I've got an ally.