The Sovereign Society like the UK-Swiss tax deal.
As regular promoters of tax haven abuse their endorsement (and the endorsement by Swiss bankers they quote) is sure indication that the Swiss and all who support tax haven privacy that permits tax evasion are sure they have pulled a fast one over H M Revenue & Customs, as unfortunately it has to be conceded they have.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
It seems, however, that the LDF is far more favourable to Uk taxpayers than the Swiss deal. So there is the likelihood that tax evaders will merely move there money from Swiss banks to the Lichtenstein banks.
Having read your assertions that this Swiss deal was done by Cameron and Osborne to assist tax evaders, who are in the main Tory supporters. I wonder what your opinion is on the LDF, which I don’t believe was the handiwork of Osborne/Cameron.
So in a sense, it would seem that the current regime is tougher on tax evasion than the prior one – your comment?
I was critical of the LDF deal but at least it demanded names, addresses and full disclosure
This deal does not
That’s very different
I received 8 circulars last week about the Swiss/UK deal and how it compares with the LDF. Without exception, the law firms concerned were stating that in the vast majority of cases the LDF was the better option for multiple reasons.
Hugh – the LDF does not require individuals to move their assets to Liechtenstein. It just requires them to move a fairly nominal sum there. Unlike the Swiss/UK deal which only applies to “bankable assets in Switzerland”, the LDF covers all assets worldwide.
And you think this whole ting is not for benefit of the tax avoidance industry?
It is just a marketing exercise for tax abuse
As Bob Dylan said, “Money doesn’t talk it swears.” And he should know.
[…] […]