Professional body uses dictionary definition: Ritchie outraged

Let me be clear: I am wholly unconvinced by this statement. It, and the linked web site statement, make very clear that it views corruption as bribery and criminality. Defined in that way all this statement says is that these professional bodies are willing to remind their members not to break the law. In technical terms that’s called a ‘no brainer’.

And this is not good enough, by a long way. Why? Because this statement does not say anything about, let alone condemn:

The secrecy that tax havens provides that is designed to, and does distort markets
The secrecy that tax havens provides that is designed to facilitate tax avoidance at cost to democratically elected governments
The role of accountants, lawyers and others in creating this secrecy that is shared with the structures used for illegal acts
The role of accountants, lawyers and others in shaping the laws of tax havens to permit transactions of these types
The organised attack that the actions of these lawyers and accountants undertake on the right of democratic states to impose their law on the transactions that are undertaken within their domains, the impact of which is unknown or not reported because of the secrecy that these professional people create, which act of creating secrecy for gain at cost to society at large is itself a form of corruption
Or to put it another way, these bodies are not condemning their members who act to promote market distortion, tax abuse and the undermining of democracy.

Outraged, of course, that they don’t use the definition of corruption which the voices just gave him and HIM ALONE!

12 thoughts on “Professional body uses dictionary definition: Ritchie outraged”

  1. “The secrecy that tax havens provides that is designed to facilitate tax avoidance at cost to democratically elected governments”

    I like this Richard: you take tax evasion practices and deliberately mix them up with avoidance. Yeah, that’s neat.

  2. Has Richie told us how much tax he pays? Is he keeping it secret? Is he corrupt by his own definition?

  3. “Is he telling us how much tax he pays?” How about has the great beneficiary of the renter economy he decries told us yet how much his new house has cost? Has he told us how his move to Ely for “social” reasons just happens to over him to a true blue constituency and about as far from the Labour voting oiks as he can get?

  4. ‘When I use a word,’ Humpty Murphy said, in rather a scornful tone, ‘it means just what I choose it to mean — neither more nor less.’

  5. He’s really getting into conspiracy theory mode isn’t he

    “The role of accountants, lawyers and others in creating this secrecy that is shared with the structures used for illegal acts
    The role of accountants, lawyers and others in shaping the laws of tax havens to permit transactions of these types”

    As said most of it is whining about professionals following the rules, but this section is tinfoil hat time of heading towards an accusation of systematic wrong doing by all the accountancy and legal profession governing bodies

  6. I’ve now got a Maltese passport, an Isle of Man issued British passport, and an Irish passport. Pretty sure the democratically elected Governments of my various(variable) homelands have as much right as the UK Government to set their own laws – and also comply with international standards in anti money laundering, etc (but oh, how undemocratic are international standards!!)

    I think it really should be one of the definitions of stupid – not being able to look outside your own bubble and realise the rest of the Universe genuinely doesn’t give a fuck about your ‘entitlements’.

  7. “As said most of it is whining about professionals following the rules, but this section is tinfoil hat time of heading towards an accusation of systematic wrong doing by all the accountancy and legal profession governing bodies”

    Last week he claimed HMRC was in a criminal conspiracy with tax evaders.

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