{"id":15161,"date":"2012-04-21T08:22:33","date_gmt":"2012-04-21T07:22:33","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=15161"},"modified":"2012-04-21T08:22:33","modified_gmt":"2012-04-21T07:22:33","slug":"the-house-of-cameron-is-built-on-tax-haven-money","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/21\/the-house-of-cameron-is-built-on-tax-haven-money\/","title":{"rendered":"The House of Cameron is built on tax haven money"},"content":{"rendered":"<p>As the <a href=\"http:\/\/www.guardian.co.uk\/politics\/2012\/apr\/20\/cameron-family-tax-havens\" target=\"_blank\">Guardian reports this morning<\/a>:<\/p>\n<blockquote><p><a title=\"More from guardian.co.uk on David Cameron\" href=\"http:\/\/www.guardian.co.uk\/politics\/davidcameron\">David Cameron<\/a>'s father ran a network of offshore investment funds to help build the family fortune that paid for the prime minister's inheritance, the Guardian can reveal.<\/p>\n<p>Though entirely legal, the funds were set up in tax havens such as Panama City and Geneva, and explicitly boasted of their ability to remain outside UK tax jurisdiction.<\/p><\/blockquote>\n<p>And this is the man who talks about a\u00a0general anti-avoidance rule saying:<\/p>\n<blockquote><p>\"With the large companies, that have the fancy corporate lawyers and the rest of it, I think we need a tougher approach.<\/p>\n<p>\"One of the things that we are going to be looking at this year is whether there should be a general anti-avoidance power that HMRC can use, particularly with very wealthy individuals and with the bigger companies, to make sure they pay their fair share.\"<\/p><\/blockquote>\n<p>But <a href=\"http:\/\/www.fda.org.uk\/Media\/Union-questions-Government-stance-on-tax-avoidance.aspx\" target=\"_blank\">as ARC - the senior HMRC staff union say<\/a>:<\/p>\n<blockquote><p>\u00a0The general anti-avoidance rule [the\u00a0government\u00a0is\u00a0proposing] is a Trojan horse, which suggests tough action while actually facilitating avoidance.<\/p><\/blockquote>\n<p>They are right. Cameron's posturing is pure\u00a0hypocrisy\u00a0to\u00a0protect\u00a0his own kind, and even his kin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Guardian reports this morning: David Cameron&#8217;s father ran a network of offshore investment funds to help build the family fortune that paid for<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/21\/the-house-of-cameron-is-built-on-tax-haven-money\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,10,32],"tags":[],"class_list":["post-15161","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-tax-avoidance","category-tax-havens"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=15161"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=15161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=15161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=15161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}