The UK will now become a tax haven for the rich
Writing in the Independent, Jolyon Maugham QC argues that the UK will now become a tax haven for the wealthy. He explains that the UK will not now be subject to the EU’s so-called “state aid” rules – which stop powerful corporations playing countries off, one against the other. As a result, he argues that corporations will now be free to say: “if you want us to stay, you"ll need to give us a tax bung.” And, emboldened by them, he contends, many wealthy individuals will, too.
Independent I (25/06/2016)