True owners of foreign companies
mardi 26 avril 2016 à 02:00The UK government is talking about requiring foreign companies to disclose their true owners when they buy property in the UK or bid for government contracts.
That is a step in the right direction, but it should not be so limited. It should be a condition, for a payment to a foreign company to be deductible as a business expense, for that foreign company to disclose who owns it. That would come close to making it a requirement for doing business in the UK.