Paradise lost
The Paradise Papers have provided further evidence of a small group of very wealthy people are using complex trust arrangements based in tax havens to avoid paying tax.
The Paradise Papers have provided further evidence of a small group of very wealthy people are using complex trust arrangements based in tax havens to avoid paying tax.
Only days ago, British Conservative leader David Cameron told journalists they were “flogging a dead horse” when asking about Tory deputy chair Lord Ashcroft’s donations and tax status. Now new information has come to light about destruction of documents, tax avoidance, and offshore funding of the Conservative party.
Lord Ashcroft, the British Conservative party’s major donor, has admitted that while he is “permanently resident” in Britain he is not domiciled there for tax status.
As a result the Conservative party may have to repay donations totalling several million pounds.
We’ve seen Mr Key look evasive on the topic of Lord Ashcroft, so when his name popped up in the British media over the […]
TV3 revealed last night that John Key has recently met with billionaire Tory donor Lord Michael Ashcroft. Lord Ashcroft clearly preferred that the […]