David Cameron vowed to crack down on offshore tax evasion – so why has it disappeared from the Tory manifesto?
08 Jun 2017

In all the election noise, you are unlikely to have heard anything about a paragraph appearing on the 124th page of the Labour Manifesto – even though it is a manifesto pledge that could transform the world in a truly fundamental way.

The pledge commits the Labour Party to lift the veil of secrecy covering the UK’s Crown Dependencies and Overseas Territories – some of the largest tax havens and secrecy jurisdictions in the world. This will be done by “introducing strict standards for transparency for Crown Dependencies and Overseas Territories, including a public register of owners, directors, major shareholders and beneficial owners for all companies and trusts.”

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