Tax and Morality – UK style

This article by Peter Vaines of Squire Sanders caught my eye over a sandwich at lunchtime last week. I think Peter does an excellent job of setting out the argument as to why there isn’t a place in tax planning for ‘morality’.


Reading the Press recently you would think that the argument is won – Cameron says that tax avoiders are ‘morally repugnant’ and even Jimmy Carr apologized (for what ?). With a bit of reflection I think most will agree that basing taxation on some ill defined moral code rather than hard and fast rules is a very slippery slope. Read the full article for yourself and I think you will see what I mean.



“Tax and Morality – UK style” – the original article appeared in Issue 229, September 2012 of Offshore Investment Magazine.





photo credit: dietmut via photopin cc

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

©2017 Middleton Katz Chartered Secretaries LLC is licensed by the Isle of Man Financial Services Authority

Log in with your credentials

Forgot your details?