Tory ex-minister who defended tax avoidance has Bahamas trust fund - I Newz360

Breaking

News Ticker

test banner

Post Top Ad

Post Top Ad

Responsive Ads Here

Tuesday, November 7, 2017

Tory ex-minister who defended tax avoidance has Bahamas trust fund

Revelation about Lord Sassoon in Paradise Papers raises questions about why peers are allowed to keep family trusts secret

The former Treasury minister James Sassoon is a beneficiary of a Bahamas trust fund that has sheltered a family fortune worth hundreds of millions of dollars from tax since 1957.

The Conservative peer, who has used debates in the House of Lords to defend tax avoidance, has emerged as one of many high-profile clients of Appleby, the law firm at the centre of the Paradise Papers.

Continue reading...

from The Guardian http://ift.tt/2hOe5QI

No comments:

Post a Comment

Post Top Ad

Responsive Ads Here