Over 10,000 admit to offshore tax dodge-papers

Scott Sinclair
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Just over 10,000 people with untaxed income hidden in offshore accounts have taken advantage of the Government's latest amnesty.

Britain's taxman said there are up to 5,000 British investors with an estimated £2bn-£3bn in secret Liechtenstein accounts, writes the Telegraph. HM Revenue & Customs said 1,100 people came forward on Monday to qualify for reduce penalties as the midnight deadline neared. But a source said the 10,000 figure included those using a separate amnesty for accounts held in Liechtenstein. Full story… KRAFT’S takeover bid for Cadbury was thrown into doubt after the US food company's biggest shareholder voted down plans to issue new shares to pay for the deal. Billionaire Warren Buffett...

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