These are exactly my thoughts and many of my tax discussion group's thoughts at the moment! It is really making me think hard about how to communicate the evasion/avoidance distinction to a general public because everything is being lumped into one nasty picture and that does no one any good.
Published Apr 19, 2016 by May Hen
I am worrying along similar lines here: https://hiyamaya.wordpress.com/2016/04/20/the-panama-filing-cabinets/And here is John Kay: http://www.ft.com/intl/cms/s/0/00f1c6f0-0609-11e6-9b51-0fb5e65703ce.html#axzz46Ivgais0
Published Apr 20, 2016 by Maya Forstater
I fully support the lines you have set out in this post. I will also be replying to Maya who has posted something equally interesting.)As a member of a public service union in the UK we have been trying for some years to drive out zombie facts and to make the case there are a lot of myths around avoidance and evasion that lazy or hurried media people do not deconstruct.As far as I can see the essence of Panama is secrecy because it is so clearly in the criminal hinterland, well beyond any semblance of "aggressive" avoidance. Avoidance hides in the open - hence why so much is written about entities like Google or Amazon, whose filings contain all the evidence their critics use. We recently held an event in Parliament to raise a few of these myths. This followed on from one the previous year on transparency. But it is a huge area to cover and there seems to be no sign of any sustained or material increase in the public understanding you (correctly) judge as essential. Achieving that is a somewhat daunting prospect! http://www.fda.org.uk/Media/Whats-new/ARC-helps-debunk-tax-myths-at-Parliamentary-event-with-Financial-Secretary-to-Treasury.aspxhttp://www.taxation.co.uk/taxation/Articles/2014/07/15/327851/clear
Published Apr 20, 2016 by Iain