Prime minister David Cameron called on the G8 to focus their attention on corporate tax avoidance, while simultaneously taking a swipe at “clever accountants” who make it possible in his speech to the World Economic Forum in Davos.
In a world where some companies navigate their way around legitimate tax systems aided by “an army of clever accountants”, corrupt officials and some corporations run rings around the law to “rip off hard-working people and plunder their natural resources”, the prime minister said, topping even the Chancellor with his moral repugnance at the practices.
“We can see the results: the government cronies get rich – some beyond their wildest dreams of avarice – while the people stay poor,&rd...
About John Stokdyk
John Stokdyk is the global editor of AccountingWEB UK and AccountingWEB.com.