Tax and morality? The two should never meet…

Some thoughts on compliance and the use of language: marrying tax with morality…

theMarketSoul ©1999 - 2017

caution-taxes-tax-370x229

The language, or rather political language de jour, is for the canvassing potential members of the next parliament (Parliamentary candidates in the UK) to merge two very different concepts into one, in the public’s mind.

That is the words tax evasion andtax avoidance. We (at the theMarketSoul) believe we potentially know why, but the consequences might not yet be clearly understood.Economic principle of creative destruction - joseph schumpeter

At a recent televised debate attended by potential next Business Secretary representatives (politicians who would be in charge of the Business, Innovation and Skills [BIS] department) from the three major political parties, one of the candidates challenged the audience thus:

“You (tax advisers) know the difference between aggressive tax avoidance on the the one hand and tax planning on the other.”  No the question was actually this:

Please raise your hand in the audience if you donot know what aggressive tax avoidance is.” From…

View original post 103 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s