WikiGeaks to release details of 2000 tax EVADERS!!

vivatifosi

Tr1pp wrote: »

well yes technically it is, except people dont go to extraordinary lengths to hide the fact they have an ISA. you cant take a saving package like an ISA and put it next to and undeclared swiss bank account (for example) and say its pretty much the same!

Honestly if i had that kind of money where i could pay someone to sniff out tax loopholes i probably would but what will get my back up is if it turns out that the people who are in power, who spout about "doing your share, blah blah blah" are the ones who are doing all the dodging...suppose we will see

If people are avoiding tax it is legal. If people have a problem with it, the solution is to change the rules. On the other hand, if people are evading tax then the solution is to prosecute. Two different issues, two different solutions.

In tax avoidance terms, the answer isn't to get angry with wealthy people, which is a typical media reaction, it is to close the loopholes.

Jonbvn

ceridwen wrote: »

Evading or avoiding - its wrong to do either. Think the difference lies in one being illegal and the other just being immoral.

I think you are on the wrong website, since tax avoidance is one of the key ideals on here, via ISA's & pensions etc.

No doubt you are a Gruaniad reader who thinks the world should comply with a whole host of unwritten laws, primarily to satisfy your warped socialist ideology.:p

FTBFun

Tr1pp wrote: »

well yes technically it is, except people dont go to extraordinary lengths to hide the fact they have an ISA. you cant take a saving package like an ISA and put it next to and undeclared swiss bank account (for example) and say its pretty much the same!

You're conflating too separate issues. Putting money or shares in an ISA is tax avoidance but perfectly legal (and encouraged). Not declaring interest received from an offshore bank account is illegal and is tax evasion.

Honestly if i had that kind of money where i could pay someone to sniff out tax loopholes i probably would but what will get my back up is if it turns out that the people who are in power, who spout about "doing your share, blah blah blah" are the ones who are doing all the dodging...suppose we will see

There aren't that many tax loopholes in the UK to be fair - EBTs used to be fairly popular but are starting to decline as HMRC get more aggressive with them.

DiggerUK

"A spokesman of the Swiss Bankers' Association (SBA) told the BBC his country was "a sophisticated, well-regulated international financial centre with some of the strictest know-your-customer rules worldwide".

Well known customers on the 'Swiss Bankers Association' christmas card list:
General Suharto
Ferdinand Marcos
Idi Amin
Papa Doc Duvalier
Saddam Hussein
General Noriega
Tony Blair

1984ReturnsForReal_2

DiggerUK wrote: »

"A spokesman of the Swiss Bankers' Association (SBA) told the BBC his country was "a sophisticated, well-regulated international financial centre with some of the strictest know-your-customer rules worldwide".

Well known customers on the 'Swiss Bankers Association' christmas card list:

Tony Blair

Isn't Mr Blair paying in the money given by the UK Tax payer to aid Iraq rebuilding & then paid to him from war contracts negotiated whilst in office?


I may be mistaken but I thought I read it in his book.