Offshore Gambling Operators to fall under Secondary UK Online Gambling Tax

There is a major discrepancy in the profits earned by the offshore and local ventures, thanks to the extremely lenient taxation rules that are levied on the offshore operators. Owing to such rules, offshore ventures have managed to cash in much more than their UK-based operators have been able to do. Currently, the offshore operators … Continue Reading

Panama Papers reveal George Soros’ deep money ties to secretive weapons, intel investment firm

The database links Soros Capital to Dongya Ports Limited, owned by a tangle of offshore entities. On May 9, client data stolen from the Mossack Fonseca law firm in Panama was published online by the ICIJ as part of its Offshore Leaks database. The searchable database contains a portion of the offshore financial records given … Continue Reading

Offshore Gambling Operators to fall under Secondary UK Online Gambling Tax

As a result of this, the government has decided to apply a secondary tax on all such offshore gambling ventures. In the recent turn of events, UK officials have decided to investigate the online gambling taxation scenario in the country and have declared that a commissioning body has already been formed for the same. There … Continue Reading