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Evening Standard: "MPs set their sights on ‘banana republic’ tax schemes"

"The art of taxation consists in so plucking the
[Brent] goose, as to obtain the largest possible amount of
feathers, with the smallest possible amount of hissing"
(Jean-Baptiste Colbert, 1619-1683)
Link to Evening Standard

"Margaret Hodge, chair of the Commons Public Accounts Committee, warned that MPs were determined to stop both individuals and corporations from avoiding tax.

"She said: 
"There are legitimate concerns about whether the state provides value for money, but these cannot justify individuals or companies seeking out wheezes designed simply to avoid paying their rightful contribution. Some of the practices highlighted by The Times wouldn’t look out of place in a banana republic." 

Just Fancy That...

Link to

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