“Unfortunately, tax ‘leniency’ in a low‑ or nil‑tax jurisdiction does not change how other states determine taxing rights,” said Fernando Del Canto, a Spanish lawyer and barrister based in London.
“Countries are sovereign and they don’t want their tax base to be eroded; they don’t want their tax [rights] to
Continue Reading HMRC ‘unlikely to be lenient’ with tax exiles fleeing Dubai, advisers warn