Cameron Vows Public Registry To Fight U.K. Tax Evasion

Law360, New York (October 31, 2013, 4:42 PM EDT) -- The U.K. will create a public registry listing the names of business owners and company beneficiaries in an effort to combat tax evasion and pierce “the cloak of secrecy” surrounding the use of shell companies and complex business structures, British Prime Minister David Cameron announced Thursday

Speaking at the Open Government Partnership summit in London, Cameron said Britain will encourage other countries to adopt a similar system. Cameron, who discussed a similar plan at a G8 forum earlier this year, said a lack transparency has “fueled...
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