tag:blogger.com,1999:blog-7105372538600724233.post255258559414713486..comments2023-09-12T12:43:35.717+01:00Comments on Kaupthing Isle of Man Bank in liquidation - blog: Taxing times lay ahead for the Isle of Manjim's bloghttp://www.blogger.com/profile/01194121320492050293noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7105372538600724233.post-76431597225711473932009-09-02T14:22:03.516+01:002009-09-02T14:22:03.516+01:00Ah! it might be legal but is it right? There are t...Ah! it might be legal but is it right? There are those who say "I can't evade paying my share of taxes so let me look to see if I can avoid doing so?" It is big companies who are the worst offenders in tax avoidance, & because they do it is 'middle Britain', you & I who have to pay the price. <br /><br />That's why the public were incensed when they learnt that some MP's were fiddling their allowances using 'tax avoidance' to make a profit for themselves at the taxpayers expense. legal but unethical & the public considered it morally wrong & offensive.jim's bloghttps://www.blogger.com/profile/01194121320492050293noreply@blogger.comtag:blogger.com,1999:blog-7105372538600724233.post-39815423654581355202009-09-01T13:54:16.316+01:002009-09-01T13:54:16.316+01:00Excellent blog and an expose of the IoM's bank...Excellent blog and an expose of the IoM's banking strength - or lack of it. One minor point though. The posting talks about tax evasion in the same breath as tax avoidance. Tax avoidance is not a crime nor is it unethical. Everyone in the UK with an ISA is practising tax avoidance and it is encouraged by the UK Government.Anonymousnoreply@blogger.com