Tuesday, 20 March 2012

Taxman denied more than £1BILLION as rich and famous register their townhouses, mansions and castles abroad

Daily Mail
"A Sunday Times investigation found that rich homeowners have registered properties worth £200billion in 122 different locations around the world to avoid the taxman in Britain in the past 12 years.

The most popular is the Isle of Man, with 23,147 properties registered since January 1999. Other popular places include the U.S., Uganda and Libya as well as The Republic of Ireland, Netherlands and Germany.

Jagger signed a 99-year lease on his Chelsea home in west London in 2008 through a company based in the British Virgin Islands (BVI)."

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