Letters
Oct 15, 2021
3 minutes
The Pandora papers prove the rich live by their rules
There is a magic money tree after all, but only for the super-rich who can avoid paying their fair share of taxation by ensuring that their assets are registered offshore beyond democratic control (The Pandora papers, 8 October).
This is also true when a private equity firm buys a profitable company, as shareholders can claim tax relief on their loans to buy the company. Once
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