Great news on country by country reporting!

Posted by Christie Malry on February 28, 2013 at 12:54 pm

So the European Parliament and Council have done a deal that will require banks to disclose country by country reporting information. You might be surprised to learn that I welcome this news.

Not because it will aid the fight against tax avoidance. But because it will expose the frauds who campaign on tax.

Ritchie tells us that country by country reporting will allow us to work out where tax avoidance is taking place. And, from 2015, he's going to have to put his money where his mouth is, based on real life disclosures. Yep, the man who can't even calculate dividend taxation properly, seems to believe he can accurately detect tax avoidance.

As Tim points out, he can't even remember that someone else invented it.

Bring your own popcorn, because this is going to be very amusing.

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