Thursday, November 29, 2012

Who Is Buying Up London. Britain’s Secret Property Deals

http://order-order.com/2012/11/28/guidorama-investigation-guardian-offices-owned-offshore
Day two of the Guardian’s ongoing Offshore Secrets investigation focused on “who is buying up London: the real identities behind Britain’s secret property deals”. Apparently some 100,000 tax avoiders have been purchasing British properties and offices using offshore companies, hiding their dealings in the UK and reducing their bill to the exchequer. Wouldn’t it be ironic if the Guardian’s very own offices were owned by an offshore company? Surely not…

Guido can reveal that 90 King’s Place, the Guardian’s offices in central London, is owned by a tax exempt offshore investment trust managed from Germany...