One in four properties in England and Wales are owned by companies listed in tax heavens, a BBC report found on Tuesday.
Offshore entities own 97,000 properties in the UK. Almost half of these properties are located in London, especially in the City, Kensington, and Chelsea. The real estate assets vary from residential housing to hotel and business premises.
That means their owners can avoid inheritance tax and anonymity.
The majority of the property is owned by offshore companies listed in t...
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