UK Sticks it to Caymans
The Foreign Office has forced the Cayman Islands’ government to investigate the possibility of introducing direct taxes on businesses and residents based there reports the Guardian. Complying with this will enable the hedgies favorite sunshine destination to take immediate advantage of bailout loans. The other UK stipulation was that the island introduced spending cuts. A clear case of pot and kettle. Cayman Islands told to raise taxes or lose UK bailout [Gaurdian] Related PostsCaymans Bustedness Creates Spat With UKBarclays BrillianceCaymans Going BustBuffett Berates …
The Foreign Office has forced the Cayman Islands’ government to investigate the possibility of introducing direct taxes on businesses and residents based there reports the Guardian.
Complying with this will enable the hedgies favorite sunshine destination to take immediate advantage of bailout loans.
The other UK stipulation was that the island introduced spending cuts. A clear case of pot and kettle.
Cayman Islands told to raise taxes or lose UK bailout [Gaurdian]
