Freeports

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Freeports

Freeport debate rages on after UK government commits to establishing ten vast storage facilities

Labour MP Owen Smith calls the tax-free zones “self-storage for art thieves”

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UK politics

Boris Johnson wants to create six freeports and tax-free zones around the UK

Vast storage facilities for high-value items such as art and cars have stoked controversy

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Art market

European Parliament puts 'urgent' phasing out of freeports top of agenda

New report deplores the use of freeports to permanently store assets such as art

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Art market

Jean-Claude Juncker dismisses claims that freeports are ‘systematically used to commit fraud’

European Commission president rebuffs German MEP Wolf Klinz's demand for a proper investigation into the management of Le Freeport Luxembourg

News
Art market

European Commission president Jean-Claude Juncker must close tax loopholes at Luxembourg freeport, MEP says

German politician Wolf Klinz describes the art storage facility as “high risk” for money laundering and tax evasion