father was born. so it is perfectly legitimate for her to have this tax status. now, what does that mean in practice? it mean she wouldn t pay for example tax on dividends from the company which she has a share income of the it company founded by her father. income of the it company founded by herfather. she income of the it company founded by her father. she wouldn t pay tax on that in the uk. but her spokeswoman as saying that she does pay tax abroad and any tax owed in the uk is paid in the uk. effectively, they are saying, there is nothing to see here. but the opposition are asking more questions. ed miliband, the shadow cabinet minister, said today that he wanted to know whether she was sheltering any of her wealth from uk tax. labour more widely have been asking whether she has had any tax advantages from this particular arrangement. and at the moment, as far as the chancellor is concerned, as you were mentioning, he said he has made declarations to all the relevant authorities,
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Bernd Struben earned his economics degree in the US. Following several years writing about the tourism industry in the Caribbean, he moved to The Netherlands to cover the EU s booming commercial real estate markets. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow s best investments. In his free time, you re likely to find Bernd at the beach or dabbling away on a new work of science fiction.