Re: Yes, but
So when a person creates two companies, one in the Caymans and one in the UK, and the Caymans company (with one employee - a part time janitor) lends the UK branch £50m at 20% APR, makes profits in the UK of £40m a year for two years and pays the Caymans branch £80m which leaves 0 to pay in the UK because there was no actual profit, and that person is then paid £30m by the Caymans branch, that is EXACTLY the same as me using an ISA that was designed to pay interest with no tax?
OK then...
Biting the hand that feeds IT
