Could Panama papers lead to simplified tax system?

[Nicholas Wallwork]

As the fallout from the Panama papers leak continues to gather pace there is a growing optimism that governments around the world could move to simplify tax regulations. The UK is already heavily involved in the Panama leak with an array of London properties now coming under the spotlight. Indeed David Cameron has received additional

Click to Read The Full Story and Add you Own Comments to Continue reading...

 

[nmb]

The spotlight is now falling on regulations such as inheritance tax which on the face of it seem very unfair when you consider the funds and assets involved have already been taxed. In many ways this is turning into a political dogfight although it is ironic that many of the larger-than-life politicians of years gone by are very quiet on this matter.