Quote:
Originally Posted by martyh
Now your just being ridiculous and scrabbling to justify an inane comment and reading the above you are getting confused between avoidance and evasion.You can't evade tax by using loopholes .Evading tax is illegal full stop ,it is not a question of morals or loopholes it is illegal.Avoidance is the legal use of tax laws to reduce one's tax burden
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No, and you're deliberately being obtuse.
Creations of schemes that are tax
evasion and only count as avoidance because nobody thought of the scheme in question when writing a tax law is still evasion. It just hasn't been found out until someone finds the loophole.
It is the same as the creation of legal highs, one chemical (or in this case, tax scheme) is closed, and you can be assured there will be people writing the next one. it's a game of cat and mouse.
Again, for the umpteenth time. Tax avoidance, that is
intended under the law is fine. Creating ways to get around the intention, if not the letter of the law is not. How many times must I say this? Your assertion that you cannot evade tax by using loopholes is ridiculous as we have seen examples time and time again of this occurring. Example:
http://www.telegraph.co.uk/finance/p...-loophole.html
Quote:
Originally Posted by Hugh
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Oh, that's good then. I thought that would've never got through.