Tag Archives: panama papers

Offshore 101, or: Can we please stop asking David Cameron to resign?

One of my favourite things about the Liberal Democrats is members don’t just get stuck into debates – they go looking for the evidence to back up what they’ve got to say. That’s why this week’s furore around what David Cameron did or didn’t do has been so frustrating.

The Panama Papers are fascinating to me, as a lawyer and a would-be tax specialist. It looks likely that when the dust has settled there will be evidence of money laundering, of tax evasion, of tax avoidance and of regulatory failings. But so far most journalists and commentators are throwing around words like fund and trust as if they’re the same thing, and treating tax avoidance, tax evasion and money laundering as equivalent acts. Unfortunately, much of the social media discussion so far has accepted these red herrings.

Posted in Op-eds | Also tagged and | 57 Comments
Advert



Recent Comments

  • Jenny Barnes
    I think the king should get on and call an election then. Clearly this mob shouldn’t be in charge of the proverbial whelk stall....
  • Nick Collins
    @ Kevin Hawkins Sounds like it: either that or, to paraphrase a song that was popular when I was a child, in the 1940s, he thinks moonlight becomes them....
  • Nick Collins
    The Independent is reporting that the "government" (can we still call it that?) has U turned on a U turn. Having said this morning that it would bring forward ...
  • Kevin Hawkins
    Re: Tory Party Chairman Jake Berry's suggestion that people struggling to pay bills need to get a higher salary. Is he advocating that they should go on strike...
  • expats
    I don't hold out any hope of mass Tory defections but the way they are tearing chunks out of one another at their conference shows that they are not a governmen...