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Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.
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United Kingdom — Nick Sommerlad
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
From the outside, the seven-storey building at 2 America Square looks like any other office block in the heart of London’s financial district.
Located about half a mile from Tower Bridge, one might expect it to be a hive of commercial activity, teeming with employees holding important meetings. However, much of the property is home not to staff vying for their next bonus, but to stacks of nondescript black boxes arranged in neat lines.
From the outside, the seven-storey building at 2 America Square looks like any other office block in the heart of London’s financial district.
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Nick Sommerlad. Published 31 Aug 2026, 12:00 pm.
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