tax havens Archive

  • Floor trader at the New York Stock Exchange (picture Daamien at en.wikipedia)

    The power of the markets

    It is 20 years ago that the UK fell out of the Exchange Rate Mechanism, an important anniversary for both pro-Europeans and their opponents. The opponents of course claim that the failure of the ERM shows that fixed exchange rates between countries are a bad...

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  • Rupert Murdoch (picture World Economic Forum)

    The case against Rupert Murdoch

    Passing judgement on Rupert Murdoch appears to be today’s fashion, and this blog is not one to shirk a challenge.  His dislike of the EU is well-known, as are the anti-European opinions of his newspapers, as is the eurosceptic influence he has had on British...

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  • In protest against the proposed changes to public sector pensions

    Strike!

    Trade union leader Dave Prentis was on the radio this morning, while up to 2 million public sector workers are on strike protesting at cuts to their pensions, criticising the government’s approach to sorting out the public finances.  Why should the poorest bear such a...

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  • Channel 4 News reports on tax havens

    Companies try to reduce their tax bills shock

    A report by Action Aid has revealed that 98 of the companies in the FTSE 100 have set up subsidiaries in tax havens in order to reduce their UK tax bills.  (Read about the report here.)  Some of those subsidiaries may well relate to the...

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  • Richard Laming

    How corporate tax evasion can be tackled worldwide

    Letter in the Financial Times, published 20 December 2010 Sir, Contrary to Michael Skapinker’s fears, a crackdown on corporate tax evasion can be delivered with something less than world government (“Companies face the people’s fury over taxes”, December 14). An international treaty to agree a...

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  • Tax protests outside a Vodafone store (picture Oxford Save Our Services)

    How to make companies pay tax

    Saturday is a day of action by tax campaigners UK Uncut against companies that do not seem to be paying their fair share of tax.  I have some reservations about the campaign even while endorsing the basic principle. A particular concern is the way that...

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  • Rum Point in the Cayman Islands (picture Visa1410)

    Unfair tax havens

    By Richard Laming Published in the Daily Telegraph, 26 February 2009 SIR – Irwin Stelzer supports a crackdown on “illegal” tax havens (Comment, February 25), but the real point is that tax havens are currently legal. We need an international agreement on how to identify...

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  • Tax Collector, by Marinus Van Reymerswaele (1542)

    Tax havens

    The front page story in today’s Financial Times makes interesting reading. “One-third of biggest businesses pays no tax” runs the headline. The article itself points out various ways in which large companies might avoid paying corporation tax – by claiming capital allowances for investment, for...

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