UK unions press for tax haven details

| 29/01/2009

(Press Association): Banks which have received Government help to deal with the financial crisis should be made to reveal full details of their tax haven activities, union leaders have urged. The TUC said that Lloyds TSB, RBS, HSBC and Barclays had well over 1,000 subsidiary companies between them, incorporated in tax havens, although some could be providing banking services to the local population.The most popular location was the Cayman Islands, followed by Jersey, according to a study by the union organisation. Go to article

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