Dawn Primarolo was the unlikely hero of yesterday’s hearing before the House of Lords. The subject of a GAAR or General Anti-Avoidance Principle as I’d
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Tax compliance wins the day
I mentioned yesterday that I was to give evidence yesterday afternoon to the House of Lords Finance Bill Sub-Committee. I did so alongside John Whiting
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The UK is to give up its right to set its tax rates – and let Switzerland do it for it
The FT reported today that the UK is to shortly sign a new tax deal with Switzerland. As it said: Britons with billions of pounds hidden in Switzerland
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If you don’t think Channel Islands’ Foundations aren’t meant to abuse the UK, read this
I’ve just noted that Guernsey is planning to introduce laws so that foundations can be established on the island. They like to say this is for the benefit of clients from
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Guernsey promotes new tax abuse
Tax-news.com is proudly reporting that: Guernsey’s Commerce and Employment Department has launched a six-week consultation on the proposed new foundations law. Foundations are, of course,
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Please don’t tell me the wealthy don’t abuse tax
As the Mail reported this weekend: Even though the developers behind swanky One Hyde Park revealed to The Mail on Sunday last year that they
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Channel Islands’ VAT abuse has cost the UK at least £475 million
The House of Commons library has issued a new briefing sheet on VAT abuse involving the Channel Islands. It’s available here. The main point is
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Liechtenstein structures will be within European Union Savings Tax Directive
The following is for all serious offshore aficionados. It comes form the person I think the foremost expert on the European Union Savings Tax Directive – Mark Morris,
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HSBC: your offshore bank
I wonder if they list some of the most common uses? And will the Rev Lord Stephen Green be telling the government how to stop
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