“The only company to have made a profit is the one in the tax haven, but because it’s in a tax haven, it doesn’t pay tax. This is how a company is able to generate revenue without having to pay tax anywhere. In tax havens, boundaries between what’s legal and illegal become very blurred. The recent leak on the Panama Papers revealed how international leaders, celebrities and businessmen from all over the world were using offshore companies to avoid making their assets public and, in some cases, potentially to dodge tax or hide illegal activities. Panama is where criminal capitalism and legal capitalism become one. … Today in the heart of Panama you can still find the money of Mexican Narcos and major European businessmen. Different origin, same advantages.”

— Roberto Saviano

Dirty Money in London event (2016)

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Roberto Saviano 9

Italian journalist, writer and essayist 1979

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“You can’t tax business. Business doesn’t pay taxes. It collects taxes.”

Ronald Reagan (1911–2004) American politician, 40th president of the United States (in office from 1981 to 1989)

“But the problem is that the boundaries of tax havens themselves can become very blurred. London is an international financial system that sees trillions of dollars from all over the world go through it each year, and that offers the most sought after financial services. This alone would be enough to make this city a desired anchorage for those looking to launder and reinvest unlawful funds. But there is more; besides this, the British capital is at the heart of the world’s most important offshore system.”

Roberto Saviano (1979) Italian journalist, writer and essayist

Dirty Money in London event (2016)

“I’m against these aggressive tax avoidance schemes but I’m not just against them, this Government has taken a huge amount of steps to legislate and toughen the laws and go after aggressive tax avoidance schemes for the very simple reason that if people go after these schemes and aggressively avoid tax they’re making it the case that everyone else has to pay higher taxes as a result so I think we should be very clear, tax evasion is illegal and for that you can be prosecuted, you can go to prison for tax evasion. Tax avoidance is in these cases, very aggressive tax avoidance schemes, they are wrong and we should really persuade not to do them and that’s why we have these court cases where the court looks at whether a scheme is really about avoiding tax rather than anything else and the court was very clear in this case.”

David Cameron (1966) Former Prime Minister of the United Kingdom

On Good Morning Britain speaking about his view of tax avoidance schemes and if Gary Barlow should give back his OBE following claims that the singer took part in one - Prime Minister David Cameron speaks to Good Morning Britain, ITV (12 May 2014) http://www.itv.com/presscentre/press-releases/prime-minister-david-cameron-speaks-good-morning-britain
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“The Panama Papers opened yet another window on the global system of financial corruption, showing how political leaders and businesses use shell companies in secrecy havens like the British Virgin Islands and many US states to evade taxes and hide corruption and other crimes. Yet the system of corruption depends on another factor beyond secrecy, one that is perhaps even more important: impunity. Impunity means that the rich and powerful escape from punishment even when their malfeasance is in full view.”

Jeffrey D. Sachs (1954) American economist

"The age of impunity," The Boston Globe, May 13, 2016 http://www.bostonglobe.com/opinion/2016/05/12/the-age-impunity/LHBxamqFENCs3W6lvWnCIJ/story.html

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“What Senator McCain has lately been suggesting is that somehow I'm going to take money from people making over $250,000, and give it to people who "pay no taxes". What he's confusing is the fact that even if you don't pay income tax, there are a lot of people who don't pay income tax, but you're still paying a whole lot of other taxes. You're paying payroll tax, which is a huge burden on a lot of middle-income families. You're paying sales taxes. You're paying property taxes. There are a whole host of taxes that you're paying. So when we provide an offset to the waitress or the janitor, these folks are working.”

Barack Obama (1961) 44th President of the United States of America

This isn't some giveaway to people who are on welfare. This is giving help to people who are working hard every day.
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“We must fight against tax evasion but also defend the rights of tax evaders, or companies that make mistakes”

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As quoted in "Did I say This? in The Observer (20 April 2008) http://www.guardian.co.uk/politics/2008/apr/20/italy
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“Corporate inversion, they're leaving the United States, we have almost $5 trillion sitting out there, where they can't get the money back, they can't bring it in because there's no mechanism to bring it back in and the tax is so high. I'm going to bring tremendous amounts of money, tremendous amounts of jobs, tremendous numbers of companies, and yes the tax is going to be cut from the highest tax nation anywhere in the world to a fairly low tax. Not the lowest in the world, but to a fairly low tax.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, June

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