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by rahimnathwani
4209 days ago
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"You do realize that setting up entities expressly for the purpose of avoiding tax is illegal in most jurisdictions right?[1-3]" I don't believe that is true. There are ~200 countries in the world. The UK, a pretty advanced nation when it comes to tax, did not implement general anti-avoidance legislation until last year. (See your footnote [1] for the exact date.) Moreover, this anti-avoidance legislation is specifically targeted at what HMRC calls 'abusive avoidance'. It is not targeted at all avoidance. |
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