Overseas UK territories are the ‘biggest enablers of corporate tax abuse,’ tax advocacy group says



Overseas UK territories are the ‘biggest enablers of corporate tax abuse,’ tax advocacy group says

https://www.cnbc.com/2024/10/17/corporate-tax-abuse-highest-in-overseas-uk-territories-tjn-says.html

by Internal_Sun_9632

10 comments
  1. Once again confirmed, the UK and their criminal island’s around the world are the biggest tax abusers on the planet.

  2. Ireland rightfully get shit on for this all the time, why are the comments suddenly so defensive and sucking off tax paradises just because it’s part of the UK this time?

  3. Well well well. Who would have guessed that the City had its tax haven outposts just like Wall Street.

  4. Unsurprising, whenever you hear about some massive embezzlement, dirty money or tax evasion scandal they always seem to involve money ending up in one of the British islands like the Caymans or Virgin islands.

  5. As someone who works in international tax, TJN makes some really wrong conclusions in their research. Take their rankings with a grain of salt. For instance, nowhere do they mention that Malta’s income tax rate for foreign enterprises can go down to 1.5%, or 5% without notional interest deduction rules. Or their transfer pricing rules for instance, which effectively make almost all foreign groups exempt from TP rules.

  6. Such bullshit being spouted on this thread
    The UK, the City of London and the over seas territories have been and are known as the kings of tax piracy for decades if not centuries

    and to the people spouting the line that its ok, the uk left the EU , please, you were members off the EEC and the Eu for 5 decades, you were hiding taxable money ALL that time but its all ok because you left? jesus h christ

    Ireland had a low tax rate, all legal, and companies moved here to take advantage , but it gets hammered for it, but the UK has littoral islands where dirty money gets washed and its all cool?

    two faced hypocrisy at its finest , wanna know whos been stealing Eu tax money on an industrial scale for decades , look no further than the UK.

    “Oh We HAvE nOP ContrOl oVer whAT tHe TaX haveNS Do!!”

    Please, pull the other one, it has bells on it

    Main reason the UK wanted out of the EU was because its afraid of EU wide tax harmonization , and that would scupper the tax fraud they administer , and immigrants bla bla bla – spare me

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