Tax Haven that Super Rich London Commuters Call Home

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A new generation of Britain's super-rich are moving to the Riviera to avoid the Inland Revenue, largely thanks to tax loopholes which allow them to commute to work from Monaco. The Guardian has traced more than 650 directors of British companies who give their current address as Monaco, and the top 10 residents there with UK interests alone control family assets worth more than £13.5bn.

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This page contains a single entry by Aaron A Day published on July 12, 2006 5:07 PM.

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