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Re: Tax havens exposed in huge law firm leak
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Originally Posted by TheDaddy
If you stopped and thought about it for a second you'd know and yes 80% of the time aggressive tax avoidance is found to be not legal in court, makes me chuckle having this discussion, I await with baited breath for someone to come along and compare it to having an isa like usual
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tbf, most of the "aggressive tax avoidance" schemes which are found illegal tend to be on-shore, rather than off-shore.
http://www.professionaladviser.com/p...n-hmrcs-sights
However, HMG and other governments are working together to stop BEPS
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Base erosion and profit shifting (BEPS) refers to tax planning strategies that exploit gaps in the architecture of the international tax system to artificially shift profits to places where there is little or no economic activity or taxation. The CFA has invited Working Party 11 (Aggressive Tax Planning), to carry out the work in relation to 4 of the items under the BEPS Action Plan.
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http://www.oecd.org/tax/aggressive/
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