Critics: Britain Dragging Its Feet on Tax Haven Clampdown as Brexit Looms
From Britain’s Queen Elizabeth to Formula One racing champion Lewis Hamilton — the leak of more than 14 million documents from firms involved in offshore finance, known as the Paradise Papers, has engulfed some of the world’s most famous names. The latest revelations show U2 frontman Bono used a company based in low-tax Malta to invest in a shopping mall in Lithuania. The Irish band, well known for its campaigning against poverty, has faced past criticism for its tax arrangements. There’s no suggestion that Bono acted illegally. But campaigners against poverty say sheltering profits in secretive tax havens is …