Sunday, May 12, 2013

http://www.bbc.co.uk/news/business-22476233

I know we've discussed tax havens and how much tax money is being lost due to their existence. The G7 group (US, Germany, the UK, Japan, Italy, France and Canada) has decided to focus on figuring out a way to collect taxes from companies and individuals stowing their money overseas. I think this is a step in the right direction, as the lost tax revenue is a serious issue. What do you think?
Posted by at

2 comments:

  1. UnknownMay 13, 2013 at 10:45 AM

    I think that they need to collect taxes from these large institutions and reduce and eventually eliminate the tax avoidance through regulations. I agree, saying this would be a step in the right direction.

    ReplyDelete
  2. Shane MacDonaldMay 13, 2013 at 8:56 PM

    This is definitely a step in the right direction. Tax avoidance is immoral and hurts the economy

    ReplyDelete

Subscribe to: Post Comments (Atom)