Posted by Hari on Friday, December 19, 2014 with 2 comments | Labels: HMRC, inequality, Offshore, regulation, taxation
KJ learns how the world really works from Fee and Chris...
SOURCE GUARDIAN: Luxembourg
tax dodge whistleblower charged with theft, says he acted out of conviction
28-year-old Antoine Deltour has been charged in Luxembourg
with a string of criminal offences including theft, violation of professional
secrecy, violation of trade secrets and illegally accessing a database. Deltour
joined PwC from business school in 2008 and resigned two years later. He said:
“Normally auditors are a bit like regulators. It is a useful profession, we
verify the accounts of companies... But I wasn’t feeling at home in that
environment [at PwC]. Bit by bit I discovered how extreme the system was in
reality – it was a massive tax optimisation practice. I didn’t want to be part
of that.” Last month the Guardian and more than 20 news media around the world,
in conjunction with the International Consortium of Investigative Journalists
(ICIJ), published detailed investigations into the tax affairs of several
multinationals, based on leaked tax rulings secured by PwC for large clients.
Luxembourg’s finance minister Pierre Gramegna has described the affair as “the
worst attack Luxembourg has experienced in its history”. But his counterparts
in France, Germany and Italy suggested the revelations had brought Europe to an
“obvious … turning point” in the international debate on unfair tax
competition. “Since certain tax practices of countries and taxpayers have
become public recently, the limits of permissible tax competition between
member states have shifted,” they said in a letter to Pierre Moscovici,
European commissioner with responsibility for tax. “This development is
irreversible.” The Guardian and other media working with the ICIJ had this
month published more revelations and further confidential tax rulings secured
by Ernst & Young, KPMG and Deloitte.
OUR RELATED STORIES:
It feels awe-inspiring to read such informative and distinctive articles on your websites.england telephone area codes
ReplyDeleteExtraordinary service! And what a timing for the delivery! I am really glad that I chose them for the transporting for my car. I would suggest https://www.a1autotransport.com/ship-car-to-luxembourg.php to everyone.
ReplyDelete