KPMG: Just pay your taxes

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I received a seasonal press release from KPMG this morning. It said:

Under an innovative new agreement announced today, KPMG staff in the UK who use the firm's American Express Corporate Card to pay for their business expenses will be helping to raise funds for KPMG's charity of the year, currently Help the Hospices.

Under the agreement, a proportion of the value of every business transaction on the corporate American Express card will go to Help the Hospices, which is KPMG's current staff-selected charity in the UK. KPMG hopes to raise at least £100,000 for charity through the scheme.

I find this galling. KPMG's business model is to deny as many resources as possible to the UK's government. This policy has a direct consequence of increasing tax on ordinary people and at the same time restricting resources available for care of the long term ill and dying, who are those who use hospice services.

In other words, KPMG is straightforwardly hypocritical, and will be until it makes it a policy to support tax compliance. Tax compliance is paying the right tax at the right time in the right place in accordance with the spirit of the law in the states in which a person operates and where 'right' means that the economic substance of a transaction and the form in which it is reported for tax coincide.


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