earlier this year but despite all the efforts according to a group called the save the tax justice network britain is the world's worst offender for financial secrecy twelve of its island dependencies where the queen is the head of state by the way ranked among the top fifty most secretive tax jurisdictions in the world the laws relating to these island dependencies such as the cayman islands been muted jersey and guns they have to be approved in london so campaigners say that the onus is on westminster to clean up their act what to talk about the issue i'm joined by salmond shaheen who's the editor of the international tax review magazine simon thank you for joining us well the people that deposit their money in these tax havens do it through entirely legal schemes so what's the fuss about anyway but i think it's a misconception to describe tax avoidance as legal it's just not illegal and the reason for that use government has been unable to anticipate the the schemes employed by multinational corporations and their highly paid accountants and lawyers that they've been they've sent across the wor

earlier this year but despite all the efforts according to a group called the save the tax justice network britain is the world's worst offender for financial secrecy twelve of its island dependencies where the queen is the head of state by the way ranked among the top fifty most secretive tax jurisdictions in the world the laws relating to these island dependencies such as the cayman islands been huge jersey and guns they have to be approved in london so campaigners say that the onus is on westminster to clean up their act what to talk about the issue i'm joined by salmond shaheen who's the editor of the international tax review magazine simon thank you for joining us well the people that deposit their money in these tax havens do it through entirely legal schemes so what's the fuss about anyway but i think it's a misconception to describe tax avoidance as legal it's just not illegal and the reason for that use government has been unable to anticipate the feed schemes employed by multinational corporations and their highly paid accountants and lawyers that they've they've sent across the world to

so these that britain has been labelled the world ruler of tax havens is unlikely to be met by cheers of approval ahead. r.t. london always spoke to the director of the tax justice network who told us that it's the banks which are encouraging offshore havens the important thing about secrecy is it doesn't just encourage tax evasion which is illegal let's be clear about that it also encourages fraud embezzlement and a very wide range of corrupt practices and this is the reason why the world no nice to talk secrecy good tax evil economy is the cold so war which means most of these tax havens operate with some of the world's largest international but some of the world's largest international accounting firms and some of the world's largest law firms so we know it isn't the time to take this it's the banks that are leading this and there's lots that can be done to talk about it as united states government has shown in these own efforts to tighten switch but. some other world news now. rival militias have clashed in the libyan capital tripoli leaving one person dead and eleven injured the shooting is believed to have been sparked by the death of a commander of one group duri