Does this study really count UK managed funds as "channelling" money from UK to tax havens? If it does, it's worthless. h/t @1867benhttps://twitter.com/zilhen/status/889970835955617793 …
Have read it again. Biggest 'sink' jurisdiction is Luxembourg - but how much of that result is driven by @EuroclearGroup holding company?
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We actually checked that. Not at all since Euroclear Investments SA (LU) is owned completely by Euroclear PLC (GB).
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But you say it drives Belgium conduit result? (also Euroclear ownership is irrelevant to corporate tax avoidance by listed companies)
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