The Mudcat Café TM
Thread #163084   Message #3888319
Posted By: Nigel Parsons
13-Nov-17 - 07:46 AM
Thread Name: BS: Paradise Papers: It's still us and them
Subject: RE: BS: Paradise Papers: It's still us and them
"In response to the release of the Paradise Papers, the duchy made clear that the Queen does not manage her wealth personally and said: ?We operate a number of investments and a few of these are with overseas funds. All of our investments are fully audited and legitimate.?
Madge may not be personally be evading tax but she is employing people who do so on her behalf.
The fact that what they do is legal is the point I am making


As I stated very carefully in the first response of this thread:
"Investing abroad is not a crime. The crime is investing abroad with the intention of defrauding the tax authorities. Outward investment supports other countries, and brings profits back to the UK."