Comments on: Liechtenstein: rotten to the core http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/ Richard Murphy on tax and corporate accountability Wed, 07 Jan 2009 20:04:45 +0000 http://wordpress.org/?v=2.6 By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-387374 Tax Research LLP Fri, 22 Feb 2008 17:49:45 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-387374 Phil The trouble for you is that you assume increased compliance rates: in Russia it was found that the rich complied less under a flat tax. As for that element of choice: corecion doesn't half help. As would automatic information exchange. Richard Phil

The trouble for you is that you assume increased compliance rates: in Russia it was found that the rich complied less under a flat tax.

As for that element of choice: corecion doesn’t half help. As would automatic information exchange.

Richard

]]> By: Phil Packer http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-386201 Phil Packer Wed, 20 Feb 2008 21:54:51 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-386201 It's certainly interesting to read your blog. I had always thought that tax evasion is the modern equivalent of heresy, and now I find your Tax Justice Network is the modern equivalent of the Salem Witchhunt! However in all seriousness, plainly I condemn tax evasion which must be punished severly. I do think that the position of the offshore financial centres is a bit more complicated than you give it credit for. At the end of the day, whether or not to report taxes fully is a personal decision, taken by individuals and not by the likes of Panama, the United States of America, Jersey or Liechtenstein. Perhaps the other end of the telescope is to look at Eastern Europe like Russia where tax rates were slashed to encourage compliance? It’s certainly interesting to read your blog. I had always thought that tax evasion is the modern equivalent of heresy, and now I find your Tax Justice Network is the modern equivalent of the Salem Witchhunt! However in all seriousness, plainly I condemn tax evasion which must be punished severly. I do think that the position of the offshore financial centres is a bit more complicated than you give it credit for. At the end of the day, whether or not to report taxes fully is a personal decision, taken by individuals and not by the likes of Panama, the United States of America, Jersey or Liechtenstein. Perhaps the other end of the telescope is to look at Eastern Europe like Russia where tax rates were slashed to encourage compliance?

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385076 Tax Research LLP Tue, 19 Feb 2008 08:49:55 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385076 Phil I might add, we also condemn those who supply services exploiting tax haven legislation wherever they might be as well. Richard Phil

I might add, we also condemn those who supply services exploiting tax haven legislation wherever they might be as well.

Richard

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385074 Tax Research LLP Tue, 19 Feb 2008 08:49:09 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385074 Phil We do include the USA in our list of tax havens, and we also consider some states such as Delaware to have that status. We also inlcude the UK, the Netherlands and places like Ireland in our list of havens for their own abusive practices. We condemn tax haven activity wherever it arises. Richard Phil

We do include the USA in our list of tax havens, and we also consider some states such as Delaware to have that status.

We also inlcude the UK, the Netherlands and places like Ireland in our list of havens for their own abusive practices.

We condemn tax haven activity wherever it arises.

Richard

]]> By: Phil Packer http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385034 Phil Packer Tue, 19 Feb 2008 07:20:47 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-385034 I hate to make a further comment after my last attempt to debate with you was sneerily dismissed, but do you include the United States of American in your shrill demand for the tax havens to close? After all you could set up a bank account in the US and as a Non Resident Alien pay no tax on the interest and nor would the Americans exchange information unless you were in Canada. It would be good if you could have the decency to reply politely this time. Thanks. I hate to make a further comment after my last attempt to debate with you was sneerily dismissed, but do you include the United States of American in your shrill demand for the tax havens to close? After all you could set up a bank account in the US and as a Non Resident Alien pay no tax on the interest and nor would the Americans exchange information unless you were in Canada. It would be good if you could have the decency to reply politely this time. Thanks.

]]> By: Tax Research UK / Liechtenstein: Why it was ethical for Geremany to pay for data to break its banking secrecy http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-384492 Tax Research UK / Liechtenstein: Why it was ethical for Geremany to pay for data to break its banking secrecy Mon, 18 Feb 2008 12:21:47 +0000 http://www.taxresearch.org.uk/Blog/2008/02/17/liechtenstein-rotten-to-the-core/#comment-384492 [...] suggested yesterday that I would have to blog on the ethics of Germany buying data from an informer to enable them to [...] [...] suggested yesterday that I would have to blog on the ethics of Germany buying data from an informer to enable them to [...]

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