Government’s law chief faces questions from Labour for objecting to plans to make tax havens more transparent

The Government’s law chief faces questions from Labour after he hit out at plans to make tax havens more transparent.

Attorney General Geoffrey Cox was a backbencher when he objected to plans for greater openness of companies based in overseas territories, such as the Cayman Islands.

Campaigners said the move would make it easier to see which businesses were based in the low-tax jurisdictions.

Shadow Security Minister Nick Thomas-Symonds has written to Mr Cox saying “an essential part of or action against economics crime is tough action internationally, including a public register of beneficial ownership of companies based in the overseas territories”.

Nick Thomas-Symonds

Nick Thomas-Symonds
(Image: PA)

But he pointed to comments Mr Cox made on May 1 this year – two months before he was promoted

... read more at: https://www.mirror.co.uk/news/politics/governments-law-chief-faces-questions-13235694

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