At the ASI. On the near insane criteria by which the UK is defined as a tax haven.
At the ASI. On the near insane criteria by which the UK is defined as a tax haven.
In the objective measures listed Monaco (see graph on P 18 of the PDF http://www.imf.org/external/pubs/ft/wp/2007/wp0787.pdf ) has a negative number and hence is not a tax haven.
Obviously the reason why certain people prefer to live in Monaco rather than a kilometre away in Cap d’Ail is that there is a massively more pleasant microclimate covering Monaco and this more than makes up for the cheek by jowl living conditions….
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