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	<title>Comments on: Avoiding tax is legal – so what&#8217;s the big fuss?</title>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219996</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Fri, 28 Dec 2012 12:18:14 +0000</pubDate>
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		<description>Chelski

Not through taxing the profits of Chelsea FC though!   Seriously, he has created considerable employment tax revenues through his personal entourage but specifically through the entire payroll of Chelsea FC from top to bottom, causing wage inflation in football like never before. That of course has spread throughout the top 30 or so clubs in England, and a big part of that is attributable to Abramovich since 2003.  So yes, indirectly he has boosted the UK&#039;s tax revenues enormously through his investment in football.</description>
		<content:encoded><![CDATA[<p>Chelski</p>
<p>Not through taxing the profits of Chelsea FC though!   Seriously, he has created considerable employment tax revenues through his personal entourage but specifically through the entire payroll of Chelsea FC from top to bottom, causing wage inflation in football like never before. That of course has spread throughout the top 30 or so clubs in England, and a big part of that is attributable to Abramovich since 2003.  So yes, indirectly he has boosted the UK&#8217;s tax revenues enormously through his investment in football.</p>
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		<title>By: Chelski</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219955</link>
		<dc:creator>Chelski</dc:creator>
		<pubDate>Fri, 28 Dec 2012 10:40:15 +0000</pubDate>
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		<description>Arnald

Has Abramovich not been responsible for enormous amounts of tax revenue paid to the UK government?</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>Has Abramovich not been responsible for enormous amounts of tax revenue paid to the UK government?</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219676</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Thu, 27 Dec 2012 14:23:10 +0000</pubDate>
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		<description>Arnald

We don&#039;t have a written consolidated constitution but we have unequivocal rights which have been granted by Royal Charter over many centuries.  Murphy ignores these though as they aren&#039;t written down formally enough for his liking. He has no time for customary law.

I have no interest in whether or not the UK has its own constitution. But does Murphy contest whether the UK is a valid jurisdiction as a result? Of course not.

Our link is to the British Crown, not to the UK government.  Unfortunately the UK government has had to be frequently reminded of that very important difference, not least the last Labour government of Blair, Brown and their cronies (Murphy&#039;s heroes) who were no respecters at all of our rights.</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>We don&#8217;t have a written consolidated constitution but we have unequivocal rights which have been granted by Royal Charter over many centuries.  Murphy ignores these though as they aren&#8217;t written down formally enough for his liking. He has no time for customary law.</p>
<p>I have no interest in whether or not the UK has its own constitution. But does Murphy contest whether the UK is a valid jurisdiction as a result? Of course not.</p>
<p>Our link is to the British Crown, not to the UK government.  Unfortunately the UK government has had to be frequently reminded of that very important difference, not least the last Labour government of Blair, Brown and their cronies (Murphy&#8217;s heroes) who were no respecters at all of our rights.</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219674</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Thu, 27 Dec 2012 14:12:55 +0000</pubDate>
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		<description>Arnald

I&#039;m well aware of what &quot;tax justice&quot; aims for. I simply disagree with those aims.

I also disagree that corporates should have &quot;recognised owners/beneficiaries&quot;.  That&#039;s all part of an individual&#039;s rights to privacy which he should not abuse.  What I do agree with though is the efforts to ensure that they remain tax-compliant.  There is no place for tax evasion and there have been so many opportunities in recent times for historic evaders to come clean that I have no time for those who have not done so.</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>I&#8217;m well aware of what &#8220;tax justice&#8221; aims for. I simply disagree with those aims.</p>
<p>I also disagree that corporates should have &#8220;recognised owners/beneficiaries&#8221;.  That&#8217;s all part of an individual&#8217;s rights to privacy which he should not abuse.  What I do agree with though is the efforts to ensure that they remain tax-compliant.  There is no place for tax evasion and there have been so many opportunities in recent times for historic evaders to come clean that I have no time for those who have not done so.</p>
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		<title>By: Terry Langlois</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219648</link>
		<dc:creator>Terry Langlois</dc:creator>
		<pubDate>Thu, 27 Dec 2012 12:23:07 +0000</pubDate>
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		<description>I mentioned the funds industry as an aside to show that we are not all about tax avoidance, and you disputed what I was saying (while making several incorrect statements yourself - such as the assertion that the UK does not benefit from overseas funds invested into Guernsey funds - which is totally and patently wrong).  So no, I am not mistaking anything.

And so what is the wholesale abuse? - evidence please.

Panorama obviously failed to find any evidence of wholesale abuse recently (while finding plenty at home in the UK).  I&#039;ve never denied that it happens, as people break the law wherever.  I have always denied that we rely on abuse or encourage it.  You, however, like to throw mud around with no evidence, knowing that for some people who do not know better some of that mud will stick.</description>
		<content:encoded><![CDATA[<p>I mentioned the funds industry as an aside to show that we are not all about tax avoidance, and you disputed what I was saying (while making several incorrect statements yourself &#8211; such as the assertion that the UK does not benefit from overseas funds invested into Guernsey funds &#8211; which is totally and patently wrong).  So no, I am not mistaking anything.</p>
<p>And so what is the wholesale abuse? &#8211; evidence please.</p>
<p>Panorama obviously failed to find any evidence of wholesale abuse recently (while finding plenty at home in the UK).  I&#8217;ve never denied that it happens, as people break the law wherever.  I have always denied that we rely on abuse or encourage it.  You, however, like to throw mud around with no evidence, knowing that for some people who do not know better some of that mud will stick.</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219641</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 11:52:07 +0000</pubDate>
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		<description>That&#039;s not a tax GM. It&#039;s a nominal &#039;membership fee&#039;.

If you knew more about what the tax justice aims were you would know that there is no problem with mobile wealth per se, only a desire to see it classified and it&#039;s movement traceable by the relevant authorities.

Private individuals can have their privacy. Corporate structures should have recognisable owners/beneficiaries. And be taxed where it is economically active.</description>
		<content:encoded><![CDATA[<p>That&#8217;s not a tax GM. It&#8217;s a nominal &#8216;membership fee&#8217;.</p>
<p>If you knew more about what the tax justice aims were you would know that there is no problem with mobile wealth per se, only a desire to see it classified and it&#8217;s movement traceable by the relevant authorities.</p>
<p>Private individuals can have their privacy. Corporate structures should have recognisable owners/beneficiaries. And be taxed where it is economically active.</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219638</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 11:46:54 +0000</pubDate>
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		<description>We don&#039;t have a constitution GM, nor does the UK.

We are a Crown Dependency. Our autonomy is granted, not actual.</description>
		<content:encoded><![CDATA[<p>We don&#8217;t have a constitution GM, nor does the UK.</p>
<p>We are a Crown Dependency. Our autonomy is granted, not actual.</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219637</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 11:45:02 +0000</pubDate>
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		<description>Funds as in money, not funds as in Funds.

You are the one who is mistaking tackling abuse of other jurisdictions tax laws with legitimate investments. Why bring it up at all?

Merely to hide the fact that there is wholescal abuse, something you have always denied.</description>
		<content:encoded><![CDATA[<p>Funds as in money, not funds as in Funds.</p>
<p>You are the one who is mistaking tackling abuse of other jurisdictions tax laws with legitimate investments. Why bring it up at all?</p>
<p>Merely to hide the fact that there is wholescal abuse, something you have always denied.</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219624</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Thu, 27 Dec 2012 10:52:32 +0000</pubDate>
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		<description>Arnald

No - I just defend the freedom to operate within the law.

His untrue and unproven attacks on the CI would be defamatory if made against individuals.  It&#039;s true that he hates us less than he hates Jersey, but there are solid historic reasons for that.

I have no problem with his mission. My problem is when he attacks our constitution and pretends that it doesn&#039;t exist, or when he assumes that we are doing things which we just aren&#039;t, with his stock attack tactic of &quot;prove me wrong&quot;.</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>No &#8211; I just defend the freedom to operate within the law.</p>
<p>His untrue and unproven attacks on the CI would be defamatory if made against individuals.  It&#8217;s true that he hates us less than he hates Jersey, but there are solid historic reasons for that.</p>
<p>I have no problem with his mission. My problem is when he attacks our constitution and pretends that it doesn&#8217;t exist, or when he assumes that we are doing things which we just aren&#8217;t, with his stock attack tactic of &#8220;prove me wrong&#8221;.</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219620</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Thu, 27 Dec 2012 10:47:23 +0000</pubDate>
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		<description>Arnald

I think that&#039;s probably just your posts :)

Seriously, Murphy would gain a lot more respect and credibility if he didn&#039;t behave like the playground bully who is being stood up to for the best time. His style on that blog is ride loudly childish if one even dares to challenge a mistruth of his.

You seem to get a free reign to post on the Tim Worstall blog, even though 99% of posters give you a tough time.</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>I think that&#8217;s probably just your posts :)</p>
<p>Seriously, Murphy would gain a lot more respect and credibility if he didn&#8217;t behave like the playground bully who is being stood up to for the best time. His style on that blog is ride loudly childish if one even dares to challenge a mistruth of his.</p>
<p>You seem to get a free reign to post on the Tim Worstall blog, even though 99% of posters give you a tough time.</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219617</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Thu, 27 Dec 2012 10:42:38 +0000</pubDate>
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		<description>Arnald

Your info is out of date. After 9 years in the UK they have to pay £30k a year, rising to £50k after 12 years, to enjoy non-Dom status.

You are right - the world is changing.  However, the ultra wealthy will be fine because they can afford to move country of residence and always will.  Those of a lower net worth will find it much harder.</description>
		<content:encoded><![CDATA[<p>Arnald</p>
<p>Your info is out of date. After 9 years in the UK they have to pay £30k a year, rising to £50k after 12 years, to enjoy non-Dom status.</p>
<p>You are right &#8211; the world is changing.  However, the ultra wealthy will be fine because they can afford to move country of residence and always will.  Those of a lower net worth will find it much harder.</p>
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		<title>By: Terry Langlois</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219613</link>
		<dc:creator>Terry Langlois</dc:creator>
		<pubDate>Thu, 27 Dec 2012 10:26:26 +0000</pubDate>
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		<description>oh dear Arnald, you clearly do not understand the funds industry at all.  

You think that we are a &quot;booking centre&quot;.  Oh dear, oh dear, you are getting very confused.  You&#039;ve obviously read a few too many Murphy articles and you&#039;re cutting and pasting comments that have no relation to the subject matter.

I won&#039;t bother explaining it, as you won&#039;t (and don&#039;t want to) understand.</description>
		<content:encoded><![CDATA[<p>oh dear Arnald, you clearly do not understand the funds industry at all.  </p>
<p>You think that we are a &#8220;booking centre&#8221;.  Oh dear, oh dear, you are getting very confused.  You&#8217;ve obviously read a few too many Murphy articles and you&#8217;re cutting and pasting comments that have no relation to the subject matter.</p>
<p>I won&#8217;t bother explaining it, as you won&#8217;t (and don&#8217;t want to) understand.</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219600</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 09:08:16 +0000</pubDate>
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		<description>Show me an oligarch paying any meaningful tax in the UK.

They buy all their stuff from elsewhere. They avoid all taxes on capital. Their income cannot be taxed as it is not UK derived.

Get some information.

Honestly, you lot are saying the same things as ten, twenty, thirty years ago.

Move on and accept the new normality. Tax &#039;competition&#039; is, and always was, a fabrication designed to prosper the very few, at the expense of the many.

It is not a raison d&#039;etre. You are misguided.</description>
		<content:encoded><![CDATA[<p>Show me an oligarch paying any meaningful tax in the UK.</p>
<p>They buy all their stuff from elsewhere. They avoid all taxes on capital. Their income cannot be taxed as it is not UK derived.</p>
<p>Get some information.</p>
<p>Honestly, you lot are saying the same things as ten, twenty, thirty years ago.</p>
<p>Move on and accept the new normality. Tax &#8216;competition&#8217; is, and always was, a fabrication designed to prosper the very few, at the expense of the many.</p>
<p>It is not a raison d&#8217;etre. You are misguided.</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219598</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 09:04:44 +0000</pubDate>
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		<description>This message board also doesn&#039;t publish some posts by people.

It must be a communist!</description>
		<content:encoded><![CDATA[<p>This message board also doesn&#8217;t publish some posts by people.</p>
<p>It must be a communist!</p>
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		<title>By: Arnald</title>
		<link>http://www.thisisguernsey.com/business/2012/12/20/avoiding-tax-is-legal-%e2%80%93-so-whats-the-big-fuss/#comment-219596</link>
		<dc:creator>Arnald</dc:creator>
		<pubDate>Thu, 27 Dec 2012 09:03:40 +0000</pubDate>
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		<description>There is far more maliciousness from Murphy towards the UK and the USA, if you could be bothered to take your blinkers off.

The cause is for fairness towards the developing world, an angle he has chosen to take is to tackle the &#039;home&#039; problem first.

The tax justice movement is global, not a figment of someone&#039;s imagination.

I&#039;m afraid you stand out as a perpetrator of the indefensible.

No kudos, you.</description>
		<content:encoded><![CDATA[<p>There is far more maliciousness from Murphy towards the UK and the USA, if you could be bothered to take your blinkers off.</p>
<p>The cause is for fairness towards the developing world, an angle he has chosen to take is to tackle the &#8216;home&#8217; problem first.</p>
<p>The tax justice movement is global, not a figment of someone&#8217;s imagination.</p>
<p>I&#8217;m afraid you stand out as a perpetrator of the indefensible.</p>
<p>No kudos, you.</p>
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