On 16.2.16, the Treasury Minister has made an interesting announcement in his budget saying he intends to crack down on domestic tax avoidance. Continue reading
Month: February 2016
HeraldScotland.com – Russia nearly blacklists UK as a tax haven
HeraldScotland.com published this article on Sunday 14 February 2016 about the use of the Scottish Limited Partnership (SLP) by eastern European investors as a vehicle for tax avoidance, causing the UK to be included on a tentative black list drawn up by the Kremlin’s Finance Ministry, Continue reading
Not just an offshore issue
Vikram Mansharamani, an author and lecturer in Ethics, Politics and Economics at Yale University, posted an interesting article on Linkedin (10 February 2016) entitled “America Is Enabling Tax Evasion“. Continue reading
French minister’s ex-wife “stashed £2m in IoM”
Jerome Cahuzac, the former French government’s budget minister and cabinet member, had a portfolio of responsibilities which included fighting tax evasion.
Now he is co-defendant with his ex-wife Patricia Menard in a case which sees her accused of hiding money in a secret Isle of Man account Continue reading
Taxwatch Update – 8 Feb 2016
Hi folks – just a brief update on one or two items if interested…
- Dennis points out: “On a similar theme to ‘The Town that took on the Taxman’ – there is a programme on Channel 4 on Monday 08/02/2016 @ 20:00 to 20:30 called ‘How the Rich Avoid Tax’, which some of our fellow Taxwatchers may be interested in. I will be particularly looking out to see what they say about wealthy television people being paid through their production companies!!”
Letter published in IOM Examiner
Below is the text of the letter from several taxwatchers published in the Isle of Man Examiner on 2 February 2016:
We stand by Cat’s ‘tax haven’ views
Cat Turner deserves credit for her appearance in ‘The Town That Took on the Taxman’, recently screened by the BBC.
The programme featured the role of a Douglas-based Corporate Service Provider in enabling Caffe Nero, a major UK coffee retail chain, to avoid paying any UK corporation tax. This was contrasted with Continue reading
Taxwatch Update – 4 Feb 2016
- A letter signed by a dozen of us, commenting on the BBC2 programme ‘The Town that took on the Taxman’ has been published in this week’s IoM Examiner, entitled “We stand by Cat’s ‘tax haven’ views”. Continue reading
Taxwatch website launch
We have just set up our website – content to follow soon!