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Close the tax havens holding Russian money in Britain and Overseas Territories.

Submitted on Tuesday 8th March 2022

Rejected on Monday 14th March 2022

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Close the tax havens holding Russian money in Britain and Overseas Territories.

Petition Details

British tax havens are overtly behind 29% of global tax abuse (Reuters 07/07/2021). As if it was not a scandal already, after the global response to the invasion of Ukraine, a decisive blow on Russian finances can only happen if the UK will shut down these tax havens once and for all.

Additional Information

While the Prime Minister expressed his commitment to the sanctions imposed on Russia after the invasion of Ukraine, he did not explicitly address the real "treasure chest" of Putin's associates: the UK's tax heavens. As far as 2018, these jurisdictions hold £34 billion of money linked to Russian oligarchs (Global Witness 29/04/2018). If the government genuinely wants to commit to a global package of sanctions, we believe that a swift crackdown on tax havens is a moral and pragmatic imperative.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

We currently have the below petition open which you might like to sign:

Increase resources to tackle tax evasion and avoidance to help fund UK services
petition.parliament.uk/petitions/599916

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