Tax avoidence/evasion
Feb 28th 2015, 12:14 pm
#151
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
You have to differentiate a tax haven from a low tax country. Starbucks etc just declare their profits in a low tax country.
To be classed as a tax haven the country normally offers no or low taxes to foreign investors/companies that do not operate a business in that country. Probably the key thing that defines a tax haven is the question of secrecy. A true tax haven will not disclose any information about its investors.
To be classed as a tax haven the country normally offers no or low taxes to foreign investors/companies that do not operate a business in that country. Probably the key thing that defines a tax haven is the question of secrecy. A true tax haven will not disclose any information about its investors.
TIEAs are bilateral agreements under which territories agree to co-operate in tax matters through exchange of information. They enable governments to enforce their domestic tax laws by exchanging, on request, information relevant to a tax matter covered by the arrangements.
https://www.gov.uk/government/public...ments-overview
Feb 28th 2015, 12:33 pm
#152
Joined: Jun 2006
Location: Granada Costa
Posts: 10,908
Re: Tax avoidence/evasion
Feb 28th 2015, 12:44 pm
#153
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
Feb 28th 2015, 6:14 pm
#154
Banned
Joined: Oct 2012
Posts: 26,724
Re: Tax avoidence/evasion
If you look at the OECD it has two designations of tax havens. those who have signed up to the TIEA and Grey tax havens.
Juristictions such as Gib, Cayman Islands etc etc have been removed from the Grey list but they are still regarded as tax havens.
Juristictions such as Gib, Cayman Islands etc etc have been removed from the Grey list but they are still regarded as tax havens.
Feb 28th 2015, 6:36 pm
#155
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
Link please
Feb 28th 2015, 6:57 pm
#157
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
The one you have given is not OECD and includes a plethora of links some back to 2000
Feb 28th 2015, 7:09 pm
#158
FreeThinker
Joined: Nov 2009
Location: the moors and levels
Posts: 9,702
Re: Tax avoidence/evasion
Feb 28th 2015, 7:25 pm
#159
Banned
Joined: Oct 2012
Posts: 26,724
Re: Tax avoidence/evasion
I note that you have not referred to the 2012 reference regarding the number of countries including Gib no longer on the Grey list but still regarded as tax havens.
Feb 28th 2015, 7:32 pm
#161
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Feb 28th 2015, 7:36 pm
#162
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
Definitely not in it's agenda
Feb 28th 2015, 7:45 pm
#164
Banned
Joined: Oct 2012
Posts: 26,724
Re: Tax avoidence/evasion
But I cannot understand how you can say that an UK average tax level of 30% or more as being a tax haven.
If the UK was a tax haven why have companies who are economically active in the UK looked for havens to avoid paying UK tax.
Feb 28th 2015, 7:48 pm
#165
Lost in BE Cyberspace
Joined: Feb 2007
Location: Land of no recession
Posts: 10,718
Re: Tax avoidence/evasion
However you are hiding from the truth and posting the figments of your warped imagination to which of course there are no links
You are not fooling me or anyone else on this forum so I can only surmise you are fooling yourself.