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Old 12-02-2015, 11:36   #6
Mr Angry
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Location: Belfast
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Re: HSBC subsidiary implicated in tax avoidance

I see Lord Fink has now admitted tax avoidance in an interview with the Evening Standard and is backtracking on his threat to sue Miliband in his Guardian interview.

From the Guardian.

"This is what Ed Miliband is going to say about Lord Fink in his speech. Labour has released the text, and there does not seem to be an embargo on its use.
"Yesterday a Conservative donor challenged me to stand by what I said in the House of Commons.
I do.
David Cameron should say what steps he is going to take to find out about the tax avoidance activities of Lord Fink.
Because the use of trust arrangements to minimise tax otherwise payable, and sustained involvement with businesses linked to tax havens, amounts to tax avoidance in my book."
(If Cameron wants to find out about Fink’s tax avoidance activities, now, I suppose, he could just read the Evening Standard.)"
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