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UK renews crackdown on offshore tax evasion

The UK is set to update its offshore tax compliance strategy to target the overseas entities that wealthy individuals use to conceal their assets. “This will build on the substantial progress the UK has made in tackling offshore tax evasion and non-compliance since the government’s previous strategy was published in…
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UK's richest man moves to Monaco to 'save £4bn in tax'

Brexiter Sir Jim Ratcliffe’s company Ineos is reportedly working with PricewaterhouseCoopers to reduce bill Britain’s richest man, the Brexit supporter Sir Jim Ratcliffe, and two of his key lieutenants at chemicals firm Ineos have reportedly been planning to save up to £4bn in tax after moving to Monaco. The company,…
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OECS financial sector ‘broadly stable”

The financial sector in the Organisation of Eastern Caribbean States (OECS) remained “broadly stable” last year and economic growth in the nine-member sub-regional grouping is projected at 3.1 per cent this year and 3.6 per cent in 2020. Grenada’s Prime Minister Dr. Keith Mitchell, who chaired the one-day meeting of…
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