Monaco’s Minister of Finance and Economy, Mr Jean Castellini, explains the recent tax transparency agreement between the EU and the Principality On August 17 Monaco Life ran an item “UK Treasury may root out tax avoidance at source” that reported HM Revenue and Customs is looking at tough new sanctions against those professionals who bend the rules to gain a tax advantage, which could involve a penalty up to 100% of the tax amount avoided. Financial Secretary to the Treasury, Jane Ellison, believes this “will make would-be enablers think twice and … Continue reading Exclusive: Minister of Finance talks tax transparency