UK PM wants to punish tax haven users
(Times Online): Gordon Brown will urge G20 leaders meeting in London this week to back a crackdown on tax havens, asking them to agree new rules to punish multinationals that use offshore shelters to dodge revenue bills. The move is likely to provoke a furious response from British business leaders, who have clashed with Brown over tax, leading to some companies moving offshore. City sources said last night that they viewed the move as headline grabbing rather than a serious attempt to tackle the economic crisis.
Category: Business
