Friday 17 May 2013

OECD FIGHTS TAX EVASION

If they are serious about preventing tax evasion and avoidance why don't these Tax Commissioners simply install an Annual Land Value Tax (LVT) in each jurisdiction?
LVT can not be escaped as land does not fit into a briefcase like cash and is impossible to hide like transfer payments from one country to another.
LVT would make our economies work more efficiently as the most desirable land is brought into use and taxes on trde and production are reduced.
DAVE WETZEL


On 17 May 2013 22:13, <ctp.contact@mail.oecd.org> wrote:
Dear Mr. Wetzel

Tax Commissioners unite to fight tax fraud
17/05/2013 - Tax Commissioners from 45 countries gathered in Moscow on 16-17 July 2013 for the 8th meeting of the Forum on Tax Administration (FTA) where they committed to co-ordinated action to tackle transnational fraud, evasion and aggressive tax planning. In their final communiqué, they warned evaders that "however hard they try to hide, they will be found".
The FTA's latest reports are now available online:

Tax Administration: OECD publishes new comparative information on OECD and other advanced and emerging economies
17/05/2013 - Tax Administration 2013 (formerly the Comparative Information Series), produced by the Forum on Tax Administration, is a unique and comprehensive survey of tax administration systems and practices across 52 advanced and emerging economies (including all OECD, EU, and G20 members). This fifth edition describes institutional setups, organisational arrangements and reforms, aspects of strategic management and human resource management, resources for tax administration, important areas of operational performance, the use of technology, and elements of the legislative and administrative framework for tax administration across the 52 economies covered by the series. There is also a new section dealing with revenue bodies’ support of tax intermediaries.

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