David Cameron admits that he did profit from shares in his father's offshore investment fund before becoming Prime Minis

The video addresses a common misconception about Blairmore investment, clarifying that it was not set up to avoid taxes but to allow investments in dollar-denominated shares after exchange controls were lifted. It highlights that Blairmore was compliant, reported to the CVA Inland Revenue, and audited annually.

What is a common misconception about Blairmore Investment?

• It was designed to evade international laws.

• It was set up to avoid taxes.

• It was created to support the stock market.

• It was established to promote local businesses.

What was the actual purpose of setting up Blairmore Investment?

• To support small businesses.

• To facilitate investments in dollar-denominated shares.

• To create a new tax haven.

• To invest in local currency shares.

When was Blairmore Investment set up?

• Before exchange controls were removed.

• At the start of the millennium.

• After exchange controls were removed.

• During the financial crisis.

How did Blairmore Investment ensure compliance?

• By avoiding audits.

• By hiding its financial records.

• By reporting to the CVA Inland Revenue.

• By not disclosing its activities.

What was a key feature of Blairmore Investment's operations?

• It reported itself annually.

• It was never audited.

• It was exempt from taxes.

• It operated in secrecy.