U.K. Said to Resist Full Disclosure on Trusts After Panama

Updated on
  • France leading push to stop people hiding assets offshore
  • British official says trusts are commonly-used vehicle in U.K.

Assessing the Fallout from the Panama Tax Revelations

Chancellor of the Exchequer George Osborne is bracing for a row with France and other big European countries as he resists moves to make the ownership of trusts and foundations fully transparent, according to officials involved in Group of 20 talks in Washington this week.

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