A little perspective on recent events in Panama and Mossack Fonseca
An interesting interview on Radio 4 this morning (5th April 2016) in which Dominic Grieve (MP/QC and Chair of Intelligence and Security Committee. Formerly Attorney General) talks a lot of common sense in stark contrast to some of the rather predictable ill informed comments in the press and elsewhere.
He draws the distinction between legitimate management of one’s tax affairs (tax avoidance) and tax evasion. He quite rightly highlights that tax is a legitimate area of competition internationally and talks about the British Virgin Islands in particular.
It starts about 2 hours 14 mins in:
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