The Queen's £10m tax haven scandal shows One's cash is orfshore (and in Threshers and BrightHouse) - News Summed Up

The Queen's £10m tax haven scandal shows One's cash is orfshore (and in Threshers and BrightHouse)


Experts said the investments were not illegal and there is no suggestion the Queen is not paying tax. The details of the offshore investments were revealed in leaked files called the Paradise Papers, which expose the global environments in which tax abuses can thrive. Many of the world’s most famous people and companies were revealed to have money invested in the controversial tax havens. His spokesman said he had never engaged in tax evasion, abusive tax avoidance or tax avoidance using artificial structures and “any suggestion he has will be vigorously challenged”. The singer is said to have invested money in a firm called Nude Estates, which bought the mall in Utena for £5.1m in 2007.


Source: Daily Mirror November 05, 2017 22:18 UTC



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