British Virgin Islands
Over the next three days – thanks to a new Ferret analysis – we will be shedding light on some of Scotland’s Secret Owners for the first time. Here’s how.
Two Edinburgh addresses are cited as the official headquarters for businesses that use opaque financial structures linked to alleged money laundering and tax abuse, The Ferret can reveal.
The number of companies registered in tax havens investing in Scotland over the last decade has increased by nearly 60 per cent.
The property deal behind the construction of the new UK Government Edinburgh office hub generated a £6.5m dividend payout to a tax haven firm.
Tax haven firms are buying up large swathes of the capital, with many of Edinburgh’s most iconic buildings now owned offshore, The Ferret can reveal.
Registers of Scotland data shows 3,237 Scottish properties were owned by companies based outside of the UK in 2019.