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Tax avoiders get round the law
April 13th, 2010
Tax avoidance is the grey area between tax compliance and tax evasion. When tax avoiding a taxpayer to ensure that one of these happens:

a. less tax is paid than might be required by a reasonable interpretation of the law of a country, or b. income is declared in a country which does not appear to be that in which it was really earned, or c. tax is paid somewhat later than the income to which it relates was earned.

The difference between tax avoidance and tax...
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Jersey Finance: promoting transfer mispricing
April 9th, 2010
It’s really very strange to note that Jersey Finance have issued a report criticising Christian Aid’s reports on transfer mispricing. There are a number of very good reasons for thinking it so, even before I turn to the deficiencies in the report they have issued. First of all, what, might one ask, has this to do with Jersey? It’s a good question, because it does not feature in those reports Christian Aid have issued. Nor would it seem likely that it should. Christian Aid’s work relates to mispricing of goods, not services. More than 50% of Jersey’s GDP is generated...
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Budget 2010: the Belize gambit
March 24th, 2010

Alistair Darling won a rousing cheer for announcing a crackdown on Lord Ashcroft's tax haven. But we should read the small print

A safe haven still: despite Chancellor Alistair Darling's announcement of a tax information exchange agreement, Belize will remain open to business for those wishing to avoid paying tax. Photograph: Terry Vine/Corbis"

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