crime

Japan to announce action plan to curb tax evasion at G-7 summit

23 Comments

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23 Comments
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Look, there's a bandwagon!

5 ( +6 / -1 )

Yeah, knowing how Japan does things they'll probably suggest the easiest way to avoid tax-evasion is to silence the people who publish the lists of people who do it. Because so far all I've seen are a lot of people saying, "I had no idea I was doing that!", or "it was perfectly legal!" or the same old BS that people here will let slide but that won't work internationally. This forming of new schemes, in any case, will effectively forgive big companies and individuals for having done it up to now, saying, "From now on...".

1 ( +6 / -5 )

Squirrel !!

Anything to avoid talking about how governments tax us too much...

3 ( +5 / -2 )

On a personal note, I have avoided paying high taxes with a low income.

16 ( +16 / -1 )

Governments across the world have begun investigating possible financial wrongdoing

So, possibly there has been no financial wrongdoing.

Best investigate all these possibly innocent entities and people anyway, and divert the public's eyes from the mismanagement of public finances overseen by governments across the world.

1 ( +2 / -1 )

Look within parliament for starters!

2 ( +2 / -0 )

Anything to avoid talking about how governments tax us too much...

so true.

1 ( +1 / -0 )

anti-corruption summit hosted by British Prime Minister David Cameron, said the sources, who have direct knowledge of the matter.

Change that "have" to "has" and you have the nub of this. Most of those at this meeting should be under the spotlight themselves. They have plenty of "direct knowledge".

2 ( +2 / -0 )

But please, first off, investigate the investigators as Japan does not have a sterling record when it comes to public officials and money.

1 ( +1 / -0 )

Governments across the world have begun investigating possible financial wrongdoing by rich and powerful politicians and business leaders

And who will investigate the financial wrongdoings of the government?

5 ( +5 / -0 )

It is everyone's moral duty to themselves and their family to minimize their tax exposure within the tax laws.

5 ( +6 / -1 )

It is everyone's moral duty to themselves and their family to minimize their tax exposure within the tax laws.

JK Rowling - who is extremely rich - disagrees: http://www.businessinsider.com/jk-rowling-on-high-taxes-2012-9

-5 ( +0 / -5 )

I think Japan would be better passing a resolution to eliminate wasteful spending as a humanitarian gift to all tax payers around the globe who are supporting ineptitude with their hard earned money.

2 ( +2 / -0 )

So, more control and rules, guess who will be under the thumb?

Hint:it won't be the elite....,,,,,

3 ( +3 / -0 )

Perhaps its time Japan SERIOUSLY audited the 70% of J-companies who consistently pay little or no tax for decades.........in Japan you don't have to go offshore to avoid taxes 70% of companies do this all the time here!!!

2 ( +3 / -1 )

A Japanese government official will submit a preview of the plan on Thursday at an anti-corruption summit

For sure Japanese government must know a lot about "corruption" , can't wait to learn what will be their plan....

0 ( +0 / -0 )

Why should I, or anyone for that matter, give a hoot about what JK Rowling thinks? She's rich. That's nice. She can choose to donate 50% of her annual income if she likes, that's her option, or more! That's called charity. Requiring the forfeiture of one's property (money is property) is theft.

5 ( +6 / -1 )

Seems like all those economic fundamentalists have a couple of places which will suit them fine and where they can set up a company and pay no tax. They are the Cayman Islands. Or the British Virgin Islands. Perhaps they should all be encouraged to move to these places. But maybe they don't need encouragement since by their reckoning these countries will become capitalist superpower paradises. Off you go now.

-2 ( +0 / -2 )

Please J K Rowling, accountants will deploy avoidance toolkit through intangible assets - IAS 38 — Intangible Assets Overview and history ...Perfectly above board

http://www.iasplus.com/en/standards/ias/ias38

2 ( +2 / -0 )

It was an indiscriminate leak of personal financial information.

If any laws were broken then wouldn't it be fair to try them in a court of law, or is trial by media fairer?

0 ( +0 / -0 )

Ha! Another justification for the invasive My Number policy.

0 ( +0 / -0 )

Elites talking about how "curb tax evasion" really? The best measure of a man's honesty isn't his income tax return. It's the zero adjust on his bathroom scale. Arthur C. Clarke

0 ( +0 / -0 )

its too obvious that japan is trying to seem like it's on the "good guys" side here, when Japanese politicians and corporations were on the side of tax evasion

0 ( +1 / -1 )

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