The FT has reported that:
The Organisation for Economic Co-operation and Development said the disclosure about alleged tax evasion by German citizens through trusts based in Liechtenstein "highlights a much broader challenge in today's globalised economy: how to respond to countries and territories that seek to profit from tax dodging by residents of other jurisdictions".
I've said so for years.
The FT goes on to say:
The forceful language used by the OECD suggested that it had returned to the offensive, according to the Tax Justice Network, a campaign group.
I think I said that too! Here.
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Hi Richard,
How can an oganization such as the OECD have any credibility in tax policy matters when all its staff are exempted from taxes on thier salaries and other passive income.
(Source: OECD website, employment conditions).
What is your perspective on this?
I find it unpalletable that those advising the rest of us to pay our dues (which is reasonable advice itself) don’t have to pay any themselves.
Regards
Richard R
Richard
Agreed
Tax should be paid. Of course.
But you should recall, they do get paid less as a result.
Richard
[…] is what Germany is signalling it’s fed up with. This is what the OECD says has to stop. This is what decent people the world over think is […]