UK Revenue Turns up Heat in Attempt to Net Offshore Tax Evaders

The UK's Revenue & Custom’s crackdown on people who use offshore bank accounts to avoid paying tax has yielded just £1.4 million ($2.4 million) since it was launched in July last year. When the tax....

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By: Ian Allison
March 7, 2006
The UK's Revenue & Custom’s crackdown on people who use offshore bank accounts to avoid paying tax has yielded just £1.4 million ($2.4 million) since it was launched in July last year. When the tax....