The Wall Street Journal article referred to below concerns an obscure Delaware corporation, Augustus Funding LLC. It so happens however that the LLC in question
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Tax incentives produce perverse effects – another nail in the Celtic Tiger’s coffin
The Irish Sunday Times ran an interesting article today. Anyone should read it for the mixed package of messages it offers. First of all ordinary
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Tax professionals whould know better
Peter Penneycard, National Director of Tax at PKF, is quoted as saying “There is a huge gap between fraud and tax planning but the Government’s
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Jersey VAT abuse
The Forum of Private Business in the UK, inspired by a remarkable record shop owner turned campaigner Richard Allen, has been campaigning against the VAT
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‘Sir’ Philip Green – the rewards of tax avoidance
Nick Cohen wrote eloquently in the Observer yesterday about the knighthood given to Philip Green. He noted that: “in the spring, the BBC’s Money Programme
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Jersey passes law allowing ‘sham’ trusts for use by tax evaders
I have always had a considerable problem with the concept of trusts, even as a practicing tax accountant. But I have much more of a
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What is happening in the Isle of Man?
A curious tale is unfolding in the Isle of Man. It passed its new tax legislation that, among other things introduces a 0% corporation tax
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Truth avoidance
The following is from Simon Hoggart’s Parliamentary sketch in the Guardian, 8 June “It is extraordinary how Tony Blair can avoid answering the question. Any
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