British PM David Cameron on Panamanian trust: Nothing to hide

David Cameron and his wife, Samantha,
profited from shares they had in a Panamanian-
based trust set up by his late father, the British Prime
Minister told CNN affiliate ITV News in an exclusive
interview.
Cameron, who told ITV he has nothing to hide, said
he and his wife had 5,000 shares of Blairmore
Investment Trust that they sold in January 2010 for
about £30,000 (about $42,200 in U.S. dollars at
current exchange rates).
"I paid (UK) income tax on the dividends. There was
a profit on it, but it was less than the capital gains
tax allowance, so I didn't pay capital gains tax," he
told the British broadcaster.