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Margaret Thatcher the tax snatcher? Mystery of her £6m house with links to THREE tax havens

Thursday, April 18, 2013 2:19
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The Mirror -

Financial experts said it could have been a scheme which would help her estate  avoid millions of pounds in inheritance tax.

Margaret  Thatcher’s £6m London townhouse is owned by a mysterious company with links  to THREE notorious tax havens.

Financial experts said it could have been a scheme which would help her  estate avoid millions of pounds in inheritance tax.

But because her affairs are shrouded in such extraordinary secrecy it may be  impossible to find out.

The trail leads to offshore businesses in the British Virgin Islands with  links to Liechtenstein and Jersey.

The £6million property she lived in for more than 20 years is owned by  Bakeland Property Company, based in the BVI.

The company’s official address is a PO Box in a small town in Liechtenstein  and it had its original roots in St Helier, Jersey.

Any suggestion of avoiding a £2.4m inheritance tax bill will spark outrage  following the row over who is paying for Thatcher’s lavish £10m funeral.

Read More: mirror.co.uk

2013-04-18 02:15:13

Source: http://www.oneworldchronicle.com/?p=13425



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