One thought on “Head of UK tax evasion inquiry blasts offshore centres”

  • As always, the line between “avoidance” & “Evasion” is being blurred and the suggestion is that both are unacceptable and possibly illegal. The fact of the matter is that “avoidance” is perfectly legal and all methods should be utilised where practical to do so. Evasion is illegal and needs to be policed accordingly.

    “Anyone may arrange his affairs so that his taxes shall be as low as
    possible; he is not bound to choose that pattern which best pays the
    treasury. There is not even a patriotic duty to increase one’s taxes.
    Over and over again the Courts have said that there is nothing sinister
    in so arranging affairs as to keep taxes as low as possible. Everyone
    does it, rich and poor alike and all do right, for nobody owes any
    public duty to pay more than the law demands.”
    Judge learned Hand.

    Our role as advisers is to assist our clients to maximise returns and minimise taxes – legally. Why do some people always want the wealthy or aspiring wealthy, to bear the cost of the lazy?

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