Financial Transparency Coalition

WASHINGTON—In a move that could anger a vital ally in the war in Afghanistan, the Pentagon on Wednesday awarded a major jet fuel contract to Mina Corp., a secretive company that has declined to reveal its ownership but has nonetheless become a trusted partner with the U.S. military.

In a bid to remove Gibraltar’s ‘tax haven’ image, Peter Caruana, chief minister of Gibraltar, recently announced the introduction of a corporate tax rate of 10% for both international and domestic companies within Gibraltar. But how will the attitudes of many businesses in Gibraltar change as a result of a prospective tax hike?