Cameron releases tax summary amid offshore row

AFP, LONDON: British Prime Minister David Cameron yesterday released his tax details in a bid to head off a row over his father’s offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers.
Hundreds of demonstrators rallied outside Cameron’s office Saturday calling for his resignation after he finally admitted to having held shares in his late father’s Bahamas-based investment fund, which cropped up in the documents leaked from Panama law firm Mossack Fonseca.
Cameron took the unprecedented step of publishing a summary of his tax returns over the past six years, and revealed that he had received a £200,000 ($280,000, 240,000 euros) gift from his mother, on top of the £300,000 inheritance from his father.

Cameron releases tax summary amid offshore row

AFP, LONDON: British Prime Minister David Cameron yesterday released his tax details in a bid to head off a row over his fathers offshore business, and announced a new taskforce to scrutinise the so-called Panama Papers. Hundreds of demonstrators rallied outside Camerons office Saturday calling for his resignation after he finally admitted to having held shares in his late fathers Bahamas-based investment fund, which cropped up in the documents leaked from Panama law firm Mossack Fonseca. Cameron took the unprecedented step of publishing a summary of his tax returns over the past six years, and revealed that he had received a 200,000 ($280,000, 240,000 euros) gift from his mother, on top of the 300,000 inheritance from his father.