Britain should join tax havens, says IoD

Institute of Directors building in London's Haymarket

The Institute of Directors is urging Britain to compete with offshore tax
jurisdictions if its to be constructive in eliminating their use.

The IoD said domestic tax laws should be relaxed for certain types of
businesses, such as hedge funds, according to

In a new paper released by the IoD, it said: ‘If the UK’s tax rules were
amended, hedge fund assets could be held in the UK, with no overall loss and
some gain to the exchequer.’

Further Reading:

and Britain to sanction tax havens

haven transparency casts shadow over hedge funds

Related reading