Guardian newspaper benefits from offshore trusts

Guardian newspaper benefits from offshore trusts

Day two of the Guardian newspaper’s ongoing “Offshore Secrets” investigation focused on “who is buying up London: the real identities behind Britain’s secret property deals”. Some 100,000 individuals and companies have been purchasing British properties and offices using offshore companies and reducing their bill to the Exchequer.

90 King’s Place, the Guardian’s offices in central London, is owned by a tax exempt offshore investment trust managed from Germany. The double standards of the Guardian in moralising about tax-avoiding offshore owned properties when it is actually based in one, is…interesting, to say the least.

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