by Jerry Alatalo
Tax evasion whistleblower Herve Falcioni produced evidence to the French government in 2008 containing the names of thousands of moneyed people from HSBC computers. Of those names, around 6,800 were of residents of Britain. In the seven years since, only one of those thousands has faced prosecution by British tax authorities. That is because Britain is a world “leader” in facilitating tax evasion, accounting for around 50% of the approximate 70-80 tax haven jurisdictions globally.
So, while the United States and European countries maintain crippling sanctions against Iran, Russia, Venezuela and other geopolitically-independent nations, Britain and the other 35-40 tax havens around the planet go on with their merry, massive tax-evading ways. So, all the remaining 6,799 Brits on the list of tax evaders need to do is wait until the statute of limitations runs out, with help from British government officials who have sat on their hands.
HSBC is the world’s…
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