Tax justice means being in favour of tax compliance. This requires that:<\/p>\n
a. Taxpayers should seek to comply with the spirit of the law when managing their affairs;
b. Full voluntary and consistent disclosure should be made by tax payers to all tax authorities with interest in their affairs;
c. Taxpayers seek to declare their income in the territory where it can be best determined that the economic benefit of the transactions they undertook arose, irrespective of the tax consequence;
d. Tax payers do not use tax havens, trusts or other artificial structures to manipulate their taxation liabilities.<\/p>\n
Being in favour of tax compliance means that we are opposed to tax avoidance and evasion. Tax avoidance and evasion include:<\/p>\n
a. Taxation fraud, in all its forms;
b. Seeking to manipulate taxation law for the benefit of the taxpayer;
c. Taxation arbitrage;
d. Incomplete disclosure of taxation matters;
e. Inconsistent disclosure of transactions between differing taxation authorities;
f. Misrepresentation of the nature of transactions;
g. The use of tax havens;
h. The relocation of transactions for taxation benefit;
i. The use of artificial structures to secure a taxation benefit.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"