Lost Tax Revenue due to offshore tax havens.

To whoever may be interested, to all it concerns,

I'd like a rough figure on how much tax revenue the UK government, the American government etc lose out on due to offshore tax havens.

This is an issue I feel needs a global approach as one government cannot act alone as the companies and individuals involved will simply move their companies out of the country that tries to address the issue. It is a problem I feel which will only get worse if not addressed and the revenue that is lost is needed in order for the tax burden to be reduced on those that do not use offshore tax havens.

The individuals and companies that take advantage of these offshore tax havens do all benefit from the protection, security and infrastructure provided by large tax revenues paid by those who do not.

Business is an ever increasingly international affair and the taxation policies must change in order to keep up with this if humanity is to make progress.

Kind Regards

Land
The Corporate Suggestion Box

Comments

The Journey of Maya Nepal

Riddhi Pratap Rana confesses that around a decade back, he used to be a drug addict. Yet today, as a clean man, he runs a successful drugs and alcohol rehabilitation center in Kathmandu Valley. "As an ex-user, I felt that it was my duty to open a center that understood the reality of drug addiction" says Mr. Riddhi. Under his initiation the Maya Nepal Rehabilitation Center was established in February, 2006. The center is situated around 6Km South of Kathmandu City at Harisiddhi, Lalitpur. [caption id="attachment_2910" align="alignnone" width="777"] Mr. Riddhi Pratap Rana, standing besides the Maya Nepal building.[/caption] Maya Nepal operates as a regist ered Non-Government Organization (NGO). "Drugs and alcohol rehabilitation can't be done by those who consider profit to be their primary motive" says Krishna Man Maharjan, a senior staff at the center. Hundreds of people have managed to recover from their alcohol or drug addiction...

Ancient to Modern: A Journey of a City Rajshahi

The People’s Republic of Bangladesh is usually known as Bangladesh that means “Country of Bengal”. Today here I am going to introduce you with this country and especially with the most ancient city of Bangladesh. I am talking about the city of Education, the Silk city, Rajshahi. Rajshahi is a city in western Bangladesh, and the divisional headquarters of Rajshahi Division as well as the administrative district that bears its name and is one of the seven metropolitan cities of Bangladesh. Rajshahi was formerly known as Rampur Boalia. The town was given importance in 1825, when the East India Company shifted the administrative headquarters to the district of Rajshahi from Natore to then Rampur Boalia, mainly for the ease of communication from Calcutta through the Hooghly river, Bhairab River and Padma river. The Heritage Rajshahi is famous for its characteristic sweetmeats, not to be found anywhere else in the country. These special preparations include Roshkodom, Khaja, Raghobshahi and ...

Global Progress

Search This Blog