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Britain's Opposition Called on David Cameron to Tackle Tax Havens

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British MP Jeremy Corbyn called on government on Tuesday to tackle tax havens, saying it was time Prime Minister David Cameron stopped allowing "the super rich elite dodge their taxes", India Everyday reported.

After leaked documents from a Panamanian law firm how the world's rich and powerful used secretive offshore company structures to stash their wealth, Cameron has come under pressure to clamp down on tax evasion in British-linked territories.

Cameron has so far been silent on the release of the so-called Panama Papers, declining to comment on the naming of his late father and members of the ruling Conservative Party among the list of clients who used the law firm, Mossack Fonseca.

On Monday, his spokeswoman said it was a "private matter" when asked whether the leader's family had money invested in offshore funds set up by his father. The government has promised to investigate the leaked data.

Leader of the opposition Labour Party, Jeremy Corbyn, called on Cameron to do more.

"There cannot be one set of tax rules for the wealthy elite and another for the rest of us," Corbyn said at the launch of Labour's campaign for local elections next month.

"The unfairness and abuse must stop. So I say this to the government and to the chancellor (finance minister), no more lip service, the richest must pay their way."

Corbyn said Britain had a "huge responsibility" as many tax havens are British overseas territories, like the British Virgin Islands and Cayman Islands, or Crown Dependencies, such as Jersey or the Isle of Man.


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