Feigenbaum Law

tax havens

Tax haven

Corporate Tax Planning

New Legislation Requires Increased Transparency from Offshore Tax Havens

Last week, Britain’s House of Commons passed unprecedented legislation that will require owners of companies registered in Bermuda, the Cayman Islands, and the British Virgin Islands (BVI’s) to identify themselves in public databases. These jurisdictions have long been offshore tax havens where shell companies have sheltered money. That is now set to change with the new laws designed to “stem the global flow of ‘dirty money’”. A History of… Read More