Put an end to the Cayman Island's tax haven status

Closed 41 signatures

What the petition asks

Currently it is legal for businesses in the UK to divert their profits to the Cayman Islands and as a result do not have to pay tax on these profits. This costs the British public £20 billion per year, the same amount that the government are cutting from public services over the next 4 years.

"Its been estimated that legal tax avoidance keeps 20 billion pounds out of the UK treasury every year. That's exactly the same amount being cut by government departments, delivering services to us in the next 4 years" http://www.bbc.co.uk/iplayer/episode/b06wrt2d/britains-trillion-pound-island-inside-cayman

Timeline

15 Feb 2016	Petition opened for signatures
15 Aug 2016	Closed to new signatures

Key facts

Signatures 41

Status Closed

Opened 15 Feb 2016

Closed 15 Aug 2016

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