Tax dodging The reason for the EU referendum
Tax dodging The reason for the EU referendum
WHY THE UK SHOULD CAMPAIGN TO REMAIN IN THE EU
Why has there been no mention in news bulletins or political reports about the steps that the European Union are going to introduce to tackle tax dodging by Corporations and private individuals.
The Tory party and their friends in the media orchestrated the EU referendum to exit the EU because of these proposals.
With Brexit, Tories managed to protect the assets of the wealthy tax avoiding individuals from new the EU regulation.
David Cameron announced his historic decision to hold a referendum and give the British people a “simple choice” of determining whether or to stay in the European Union. Within minutes, Theresa Villiers, Priti Patel, Michael Gove, Iain Duncan Smith, Chris Grayling, and John Whittingdale appeared at the Vote Leave headquarters, holding a banner with a slogan “Let’s take back control”. Speaking on behalf of six Tory Brexiteers, Grayling explained that they want to restore the sovereignty of the British nation.
Cameron stepped in to shield offshore trusts from EU tax crackdown in 2013:
“David Cameron intervened personally to prevent offshore trusts from being dragged into an EU-wide crackdown on tax avoidance, it has emerged. In a 2013 letter to the then president of the European council, Herman Van Rompuy, the prime minister said that trusts should not automatically be subject to the same transparency requirements as companies… But when some in the EU wanted to extend the same principle to trust structures, Cameron said in his letter to Van Rompuy that tax authorities were already “gaining access to more information than ever before on trusts, especially offshore trusts,” through information-exchange agreements with tax authorities in different countries.”
However, Brussels refused to comply and on 28 January 2016, the European Commission produced its first draft of The Anti Tax Avoidance Directive and three weeks later, David Cameron told a press conference in front of 10 Downing Street that the UK will vote on whether to remain in the EU on Thursday 23 June.
Later on, it was revealed why Cameron was so keen to protect offshore trusts from the new EU regulation.
“David Cameron’s father Ian ran an offshore investment fund that avoided ever paying tax in the United Kingdom, according to the so-called Panama Papers.”
Apart from changing his opinion on the EU referendum, David Cameron also alternated his meeting agenda with non-editorial executives and owners of British media. According to Press Gazette in 2013, 2014 and 2015, Cameron and George Osborne intensified their discussions with the pro-Brexit press.
“Of the 23 meetings between October 2014 and September 2015, eight were with News Corporation executives, five with the BBC or BBC Trust and four with Telegraph Media Group.”
According to the same source, after Brussels’ blunt refusal, Cameron and Osborne met 15 times with executive officials of News Corp., 16 times with executive officials of Telegraph Media Group, owned by wealthy tax-avoiding billionaires, Rupert Murdoch and Barclay Brothers. During the same period, Former Prime Minister and Chancellor reduced their meetings with the pro-EU press to only one with executive officials of Guardian News and Media and five with executive officials of Standard/Independent.
Following the public release of Panama Papers, which exposed an alarming scale of tax evasion from companies that operate within the EU, Brussels decided that it will no longer tolerate companies that operate in blacklisted tax havens. According to Financial Times:
“Brussels is to push for new disclosure requirements forcing companies operating in blacklisted tax havens to come clean about their profits and tax payments in a sign the crackdown response to the Panama Papers revelations has begun to snowball worldwide… The European Commission is preparing next week to strengthen a long-planned measure to force corporate disclosure of tax payments, profits made, and the number of employees in individual countries, so that the disclosure applies not only to activities in Europe but to those in a planned blacklist of tax havens outside the EU.”
Backed by the press that is owned by tax avoiding media tycoons, who influenced the British voters to leave, Tory Brexiteers managed to safeguard the sovereignty of British wealthy tax avoiders from the new EU regulation.
Tories’ Brexit stance and ongoing austerity measures manifest their unfaltering commitment to protecting tax avoiding individuals.
This is why Murdoch, May, the other Press barons and the Tory party campaigned to leave the EU. Please share this with Brexiteers so that some of them may now realise how they have been sorely duped. Who knows, if this becomes known throughout the UK, the disastrous Brexit saga could be averted.
European Commission - PRESS RELEASES - Press release - Commission welcomes adoption of new rules to block tax avoidance
European Commission - Press Release details page -…
The links below support my report.