{"id":15244,"date":"2012-04-25T09:18:59","date_gmt":"2012-04-25T08:18:59","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=15244"},"modified":"2012-04-25T09:18:59","modified_gmt":"2012-04-25T08:18:59","slug":"are-tax-havens-blameless-nick-shaxson-takes-on-the-cayman-islands-on-the-bbc-todau-programme","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/25\/are-tax-havens-blameless-nick-shaxson-takes-on-the-cayman-islands-on-the-bbc-todau-programme\/","title":{"rendered":"Are tax havens blameless? Nick Shaxson takes on the Cayman Islands on the BBC Todau programme"},"content":{"rendered":"<p><a href=\"http:\/\/news.bbc.co.uk\/today\/hi\/today\/newsid_9715000\/9715601.stm\" target=\"_blank\">As the BBC report:<\/a><\/p>\n<blockquote><p>The government has said that it is committed to cracking down on tax avoidance in the UK, but should more be done to prevent people from using off-shore tax havens?<\/p>\n<p>Anthony Travers, head of the Cayman Stock Exchange, told the Today programme's Simon Jack that tax avoidance is entirely a function of domestic tax law.<\/p>\n<p>\"Tax competition is a function of the sovereign right of a nation,\" he said, insisting that any Cayman Island companies are \"taxed in accordance to United States law\".<\/p>\n<p>Nicholas Shaxson, author of Treasure Islands, told Simon Jack that it is terribly difficult for tax a authority like the US to stop haemorrhaging capital to off-shore companies.<\/p>\n<p>\"It is nonsense saying that tax heavens are blameless,\" he said.<\/p>\n<p>\"Once you start undermining the tax systems of other countries through tax evasion, that is a form of economic warfare.\"<\/p><\/blockquote>\n<p>You can<a href=\"http:\/\/news.bbc.co.uk\/today\/hi\/today\/newsid_9715000\/9715601.stm\" target=\"_blank\"> listen to the interview here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the BBC report: The government has said that it is committed to cracking down on tax avoidance in the UK, but should more be<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/25\/are-tax-havens-blameless-nick-shaxson-takes-on-the-cayman-islands-on-the-bbc-todau-programme\/\"><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":[22],"tags":[],"class_list":["post-15244","post","type-post","status-publish","format-standard","hentry","category-cayman"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15244","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=15244"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15244\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=15244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=15244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=15244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}