Ed Miliband issues warning to UK-controlled 'tax havens'

A Labour government would push for UK overseas territories to be put on an international blacklist if they refused to co-operate with a drive against tax avoidance, Ed Miliband has said.

Ed Miliband issues warning to UK-controlled 'tax havens' _80845263_80833457

Ed Miliband issues warning to UK-controlled 'tax havens' _80845263_80833457

In a letter to leaders, he said regions would be given six months to compile a public register of offshore companies.

If they failed, they could be put on an Organisation for Economic Co-operation and Development "tax havens" list.

A Conservative source said the UK was already leading the way on the issue.

In an interview with The Guardian, Mr Miliband also dismissed claims that Labour was anti-business, saying: "There's nothing pro-business about defending tax avoidance."
'Shrouded in darkness'

Mr Miliband's letter is being sent to British Overseas Territories - Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, the Turks and Caicos Islands, Gibraltar and Montserrat - and the Crown Dependencies of Jersey, Guernsey and the Isle of Man.

"I am writing to put you on notice that a Labour government will not allow this situation of delay and secrecy to continue," he wrote.

http://www.bbc.com/news/uk-31173496#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Ed Miliband issues warning to UK-controlled 'tax havens'

Ed Miliband issues warning to UK-controlled 'tax havens'

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