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Wednesday, 5 August 2009

Foreign Donations to the Labour Party

After the publicity given to the foreign multi-millionaires (“non-doms”) giving large donations to the Labour Party, the government passed legislation that placed a £7,500 cap on gifts from people who live in the UK but are domiciled elsewhere for tax purposes. However, at the request of tycoons such as Lord Swraj Paul and Sir Gulum Noon, these changes will not take place until after the next election.

There is also a specially constructed loop-hole in the legislation. All they have to do is make their donations via a British-based company. In other words, it is just business as usually and these foreign multimillionaires can continue dictating the policy of the government in exchange for large donations.

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