A leading tax specialist has warned Jersey’s finance system needs to be more open and transparent.
Richard Murphy, from Tax Research UK, says the system needs to be clearer to achieve a successful long-term future.
He says the current secrecy in the system is fuelling rumours of tax avoidance.
I wonder who it is spreading those rumours?
6 responses so far ↓
1 Kay Tie // Jan 26, 2011 at 12:53 pm
Where does “leading” come from? Aren’t there common law offences of misrepresentation? I wonder if it’s time for the ACCA to act on this..
2 rich b // Jan 26, 2011 at 12:59 pm
I was most upset to turn on my TV on monday night and see your man Murphy on the One Show presented as a Tax Expert.
He was talking about the tax breaks on forestry. No prizes for guessing what he thought about it.
3 Marksany // Jan 26, 2011 at 1:00 pm
Without tax avoidance, Jersey wouldn’t have a financial system. Avoidance being legal of course.
It seems to me that Richie’s problem is with people who draft tax law. Like Gordon Brown.
4 Richard // Jan 26, 2011 at 1:20 pm
That would be Richard Murphy, the impartial tax expert from Tax Research UK. No relation to Richard Murphy, the political campaigner from the Tax Justice Network.
5 Bilbao boy // Jan 26, 2011 at 2:20 pm
He takes some serious stick on the blog below the video.
Tim, you are clearly not alone.
6 Johnathan Pearce // Jan 27, 2011 at 6:04 pm
Tax avoidance is not against the law, evasion is.
The man is a fucking cretin.
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