Will Osborne close the “Livingstone Loophole”

When I spoke to the tax justice campaigner Richard Murphy about Ken Livingstone’s tax avoidance, he said that the practice of individuals pretending that they were companies caused ‘a massive leakage of tax revenue. They have all the tax advantages of a company without the obligation to tell the world what they are doing with the privilege society has granted them.’

You need to think about the secrecy as much as the self-enrichment when considering the behaviour of Livingstone and his kind.
Carry on reading

2 thoughts on “Will Osborne close the “Livingstone Loophole”

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