Charities remind Cameron of pledge to ‘continue to lead world on tax and transparency’ before meetings with leaders of overseas territories
Campaigners are urging David Cameron to use a meeting with leaders of Britain’s overseas territories this week to demand a crackdown on tax dodging, corruption and money laundering.
Leading charities, including Oxfam and ActionAid, have written to the prime minister to highlight the “murky” world of shell companies that set up in territories such as the British Virgin and Cayman Islands, thereby depriving developing countries of billions of dollars in tax revenues.
Related: UK could legislate to force tax havens to reveal offshore ownership, says Pickles
Related: Follow the money: inside the world's tax havens
Continue reading...