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Wales to Exclude Tax Haven Entities from COVID-19 Relief

27 May 2020

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Approved Changes

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United Kingdom

The Welsh government has announced that it will deny Covid-19 financial relief to entities established or having a subsidiary in a tax haven. The decision follows similar moves by Scotland within the United Kingdom, and inter alia Denmark, France and Poland elsewhere. The decision was confirmed by the Welsh Minister for Economy and Transport at a press conference held on 13 May 2020.