{"id":5274,"date":"2009-11-05T09:44:28","date_gmt":"2009-11-05T07:44:28","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=5274"},"modified":"2009-11-05T09:44:28","modified_gmt":"2009-11-05T07:44:28","slug":"uk-%e2%80%98better-off-with%e2%80%99-tax-havens","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/05\/uk-%e2%80%98better-off-with%e2%80%99-tax-havens\/","title":{"rendered":"UK \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2better off with’ tax havens"},"content":{"rendered":"

FT.com \/ UK \/ Economy & Trade - UK \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2better off with’ tax havens<\/a>.<\/p>\n

Offshore financial centres have a beneficial economic impact on neighbouring industrialised countries, according to a study commissioned in a bid to counter growing political pressure on tax havens<\/a>.<\/p>\n

The study said “a large body of economic research over the last 15 years” contradicted the popular view that offshore centres erode tax collections<\/a>, divert economic activity and otherwise burden nearby high-tax countries.<\/p>\n

<\/div>\n

The study was commissioned by STEP, a London-based professional body for wealth advisers, who make extensive use of offshore jurisdictions. It was published in advance of this weekend’s G20 meeting in St Andrews, where political leaders are set to discuss how to help developing countries secure the benefits of exchanging tax information.<\/span><\/h3>\n<\/blockquote>\n

Let's be clear: the Socoety for Trust and Estate Praxctitioners have been behind many of the abusive developments in tax havens in recent years, including the VISTA trust in BVI and its related forms - a fact that has been boasted about on web sites before now.<\/span><\/p>\n

This report is about one thing: preserving and enhancing the wealth of the richest in society at cost to everyone else.<\/p>\n

If that is a 'benefit' then of course they are entirely right.<\/p>\n

If it is not - as I argue - then this report is an exercise in thinly disguised attempt at manipulation of the majority for the benefit of a tiny minority.<\/p>\n","protected":false},"excerpt":{"rendered":"

FT.com \/ UK \/ Economy & Trade – UK \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2better off with’ tax havens. Offshore financial centres have a beneficial economic impact on neighbouring industrialised
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,32],"tags":[],"class_list":["post-5274","post","type-post","status-publish","format-standard","hentry","category-secrecy-jurisdictions","category-tax-havens"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=5274"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5274\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=5274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=5274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=5274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}