Posted by Hari on Friday, April 08, 2016 with No comments | Labels: HMRC, inequality, regulation, taxation, the government
Chris, KJ and Fee think their chances could be quite good...
SOURCE GUARDIAN: Britain under
pressure to end opposition to tax haven blacklist
Pierre Moscovici, the European commissioner in charge of tax
policy, urged member states to throw their support behind his plans for a
blacklist of tax havens – an idea dismissed last year by UK officials. He cited
the case of Lichtenstein as a success, arguing that a deal to hand over
information to the EU was accelerated because the principality wanted to get
off the list. Last year, the commission made a first attempt at creating a
blacklist when it published the names of 30 “non-cooperative tax
jurisdictions”. The list was based on EU member states’ own varying ideas and
included the British Virgin Islands, Guernsey, Hong Kong and Panama. The British
government, which does not keep a blacklist of tax havens, criticised the move
as “deeply unhelpful”. A briefing in the name of Treasury minister David Gauke,
seen by the Guardian, described it as “a misleading list, since most countries
and jurisdictions which are referred to are as transparent as EU member
states”. The Treasury document went on to claim that “the UK’s overseas
territories and crown dependencies have put themselves at the forefront of
global tax transparency over the last couple of years”. As the Observer
reported in January, Treasury officials also lobbied Brussels against action
against Bermuda, a tax haven favoured by Google. David Cameron said on Tuesday
that no government or prime minister had done more “to make sure we crack down
on tax evasion, on aggressive tax avoidance, on aggressive tax planning, both
here in the UK and internationally”.
Definition of Tax Avoidance is using
tax law in a way "Parliament never intended."
OUR RELATED STORIES:
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.