Tags: EU | Offshore Accounts | Britain

UK's Cameron to Take Tax Plan to Parliament; Faces Grilling

Monday, 11 April 2016 05:39 AM EDT

LONDON (AP) — British Prime Minister David Cameron is expecting to face harsh questions in Parliament about his personal investments after releasing some tax information over the weekend.

Opposition leaders plan to challenge Cameron Monday over his explanation of his past investment in an offshore account set up by his late father.

The fund was not illegal but Cameron's disclosures have overshadowed what he claims is his government's commitment to make it harder for Britons to avoid taxes.

He plans to introduce a bill that would hold employers criminally liable if they permit employees to promote tax-dodging schemes.

Cameron's late father, Ian, has been identified as a client of a Panamanian law firm that specializes in registering offshore companies and that has just suffered the biggest data leak in corporate history.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
British Prime Minister David Cameron is expecting to face harsh questions in Parliament about his personal investments after releasing some tax information over the weekend.Opposition leaders plan to challenge Cameron Monday over his explanation of his past investment in an...
EU,Offshore Accounts,Britain
130
2016-39-11
Monday, 11 April 2016 05:39 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved