THE ANTI-TAX AVOIDANCE DIRECTIVE

Jacob Rees-Mogg illustrates why the far right hates The Anti-Tax Avoidance Directive.

Jacob Rees-Mogg – now on the telly with his ‘his eccentric anachronisms and far-right views.’

The Anti-Tax Avoidance Directive adopted by the European Union on 20 June 2016 sent a cold chill up the spines of the rich, elite and powerful who own and run Britain.

The directive setting out rules against tax avoidance within the internal market went further on 25 October 2016 by adding an anti-abuse measure to prevent companies from exploiting variations in national regulations to avoid tax.

The Anti-Tax Avoidance Directive contained five legally binding anti-abuse measures, which all member states would by law have to apply from 1 January 2019.

  1. Controlled foreign company rule: to deter profit shifting to a low/no tax country.
  2. Switchover rule: to prevent double non-taxation of certain income.
  3. Exit taxation: to prevent companies from avoiding tax when re-locating assets.
  4. Interest limitation: to discourage artificial debt arrangements designed to minimise taxes.
  5. General anti-abuse rule: to counteract aggressive tax planning when other rules don’t apply.

Tax Avoidance Trickery

Britain joined what was then called the Common Market in January 1973 under Conservative Premier Edward Heath. For close to forty years, free movement of goods and people within Europe had appeared to be to the advantage of everyone – businessmen, exporters, importers, scientists, tourists, students …

When Europeans first talked seriously about fighting tax avoidance in 2013, the rich with their offshore trusts and canny lawyers began having sleepless nights. Headlines about the EU making laws detrimental to the sovereignty of the United Kingdom suddenly began to appear in the Daily Mail, Telegraph, Express, the Sun and The Times. They told us immigrants – code for black and brown people – were piling into our overcrowded small island to take advantage of our welfare state and generosity.

The true battle was for the soul of the Conservative Party – the moderates with their streak of noblesse oblige and the swivel-eyed extremists with their libertarian hatred of rules, regulations and the welfare state. To end the war tearing the party apart, David Cameron conceived the Brexit referendum. From the fields of the Eton Ball Game to the dreaming spires of Oxford to the polished door at No 10, he had never in his golden life envisaged nor imagined defeat.

Cameron’s lacklustre campaign was countered by an endless stream of brilliantly calibrated perjury and distortion repeated ad infinitum in the media – an extra £350 million a week for the NHS, 80 million Turks with the right to move to the UK, a bonfire of red tape and bravura performances by beer-swilling Nigel Farage, Liar King Boris Johnson and his personal Rasputin Dominic Cummings, who came up with with the ambiguous slogan Take Back Control.

The Feared Foreigner

Working people downtrodden by years of Tory neglect and deceit thought they were taking back control of their hopes and dreams, their life chances, when their rulers and owners, liberated finally from the oversight of the European Union, would take control of every law and bend it to their own advantage – the right to strike, the right to congregate, human rights, working rights. The only red tape on the bonfire was that protecting working people.

After Brexit, according to Will Hutton in The Guardian, the government had greater powers of voter suppression, the ability to ensure all trustees and chairs of public bodies were Conservative, the end of ministerial accountability ‘and all couched in a language of defiant nationalism so that critics can be dismissed as un-British friends of the foreigner and outriders for wokedom.’

Millions who voted Leave did so convinced that it would stop black and brown people arriving on our shores, when Brexit would only control free movement of people within Europe. Immigrants from Africa and the Middle East were not affected by the change and the same two routes remained available to them: applying for a visa or risking their lives clinging under trains, in the back of refrigerator lorries and in rubber boats across the Channel. 

Bamboozled

The success of the Leave Campaign in the referendum on 23 June 2016 came three days after the Anti-Tax Avoidance Directive became law in Europe.

King Charles and Rich Sunak shaking hands illustrates why threw rich are against the Anti-Tax Avoidance Directive

Power Couple

Those who breathed a sigh of relief were the Russian oligarchs, South American drug lords, American hedge fund managers and ex-politicians on the run with suitcases full of cash. As did Rishi Sunak, Jacob Rees-Mogg (who moved his company HQ to Dublin), the billionaire 4th Viscount Rothermere, owner of the Daily Mail, Australian-born, American based Rupert Murdoch, owner of the Sun and The Times.

In ‘the money-laundering capital of the world’ it was business as usual. Lax laws for the rich. Harsh laws on the poor. The continued destruction of the NHS, always despised by the Brexit extremists, the evisceration of the BBC and Jacob Rees-Mogg … known for his eccentric anachronisms and far-right views, signing a contract to host his own TV chat show on GB News against, of course, the Ministerial Code. 

The nurses, teachers, firefighters, social workers, supermarket workers, probation officers, street cleaners, delivery drivers and all the people who work hard and care for us have been silenced in a sea of lies while Tory politicians and the rich tax dodgers who support them have turned Britain into the ‘Poor Man’ of Europe with millions of poor men and women earning too little to feed and support their families.

The money that shifts through cuts and austerity measures from the poor to the rich does not trickle down, it gushes offshore to the Cayman Islands, Panama, Belize, Singapore, Hong Kong, the Channel Islands …

Why there aren’t riots in the streets up and down the country is a mystery. 

Please share with your favourite social media sites and leave your comments in the box below

Posted in Blog.

11 Comments

  1. A brilliantly concise summary of the real motives behind the brexit heist we’re living through. With significant help from the Dollar-mighty global oligarchical network, the Tories lobbed grenades into Strasberg, Westminster and every UK home. We’re still living with the toxic fallout of dirty propaganda bombs exploded by non dom media barons that make up the mass brainwashing arm of the machine. Despite its dismal performance and outed lies, brexit’s shrills have pole-climbed the political heights and are drunkenly hanging off the hoisted jolly roger convulsing in political crosswinds. When one monstrosity drops off that rickety flag pole, another hydra head replaces it.

    After all our losses, the rich who bankrolled brexit from naked self interest, can breathe easy. Their untaxed trillions are safe from being docked to feed, clothe and educate millions of children whose parents we, the cattle are tasered into submission by establishment gangsters bound for lifetime peerages with Royal consent.

  2. Britain’s tax avoiders and evaders have been ready to tank the economy for their idealistic ambitions rather than pay their fair contribution towards our NHS and care sectors; our emergency and rescue services; our armed forces and their equipment & weaponry; law and order, policing, national security, border forces, customs officials and our judicial system; our education infrastructure and scientific research programmes; the welfare state; farming and fishing industry subsidies needed to keep food on our table; industry funding to keep jobs on our shores and our much needed house building and major infrastructure projects.

    Now that the European Union scapegoat has been removed, people are starting to understand the motivations of the self-serving individuals that brought about BREXIT and now govern us, donate to their party and dictate our direction has nothing at all to do with ‘Taking back control of our borders, our money and our laws’ and everything to do with wealth creation, wealth protection and wealth hoarding for the few.

  3. These guys are lucky I’m not in charge. I’d have each and everyone one of these swines in a gulag. Jokes. I’ve always thought this was the basis of why the super rich and powerful minority pushed the British public for the fantasy land of Brexit. The British public are clearly mugs. The only benefits of Brexit are for these guys, the rest is a sold up fairytale that’s been entrenched in the minds of the poor in every sense of the word public. Can you please write more on the subject? X

  4. I was warning anyone who’d listen about the real reason for Brexit months before the referendum.
    I, and others, should have tried harder. We really didn’t believe that a majority of voters could be so stupid or so easily fooled and were fully confident that Remain would easily win the day.
    As soon as we get the Tories out of government we must urgently apply to rejoin the EU.
    There should also be a full inquiry into the way the referendum was financed and the tricks and lies that were employed in the campaign.
    There should be very serious consequences for those found to have been complicit in damaging our nation so severely for their selfish purposes.

  5. Brilliant piece, not just because I voted to remain. More because it pin pointed where and why Brexit was dreamed up. I have always maintained a large chunk of the reason we had Brexit was because of tax avoidance … the writer has said what I have said all along » the new tax avoidance directive must have frightened the rich to their bones when the idea was first mooted … did not David Cameron ask thé EU in 2013 if the UK could be exempt from the new directive… thé EU said no. « I also believe that , without a shadow of doubt, Brexit is a Tory ( manufactured) baby. Does anyone remember year after year demonstrations on the streets with people protesting against the EU ? Anyone? You won’t remember because there were none. People’s worries barely mentioned thé EU as attested to by the exit polls in 2010 and 2015. Barely 1% of the electorate mentioned EU as a major issue. Brexit was also a political move by the Tories … they were running scared from UKIP and this culminated in the 2019 GE when the Tories and UKIP made a pact . Thé Tories
    would , ultimately , be thé sole beneficiaries of it in reality…Our country has been overtaken by a political party and we’ve allowed it to happen because enough of the electorate believed the lies. We need to talk about Brexit. We need to vote thé Tories out . We need to try and repair some of the damage caused to our relationship with the EU.

  6. Well said and nicely concise. There is only 1 problem, none of the 3 major parties want to change Brexit .

    It is the final and ultimate victory for the Bruges groups, the oligarchs the Moggs of this World, their Brexit has now transcended Political Parties meaning they do not need to be in power to maintain what is good for them !

    for the few at the expensive of the many ! Well done Mogg, you blinded and blind sided Starmer into agreeing with you

    Yes labour will piddle around the edges and see if the EU will allow them to cherry pick (most probably not) on some niche changes , but unless you are a special interest group with some oversized and mighty political pull – then its Brexit meanz Brexit

    I was a child of the 1970s, I do not remember joining the EEC, but I do remember the confirmation vote held by Harold Wilson (a known Euro sceptic – we would say Vote leave these days) in 1975 who put his Nation before personal political beliefs and let the Nations decide. Incidentally Maggie Thatcher supported Remain and in 1975 remain won

    Where are Politician’s of such principles these days when we need them to sort the mess created by the 2nd eleven ?

    You can be sure in 2025, Westminster in its Brexit review will not offer a confirmation vote to the people – again it has to be said, where are Politician’s of such principles these days when we need them

    Given that the 3 major party are ignoring Brexit, and being a child of the 1970’s, to explain what will happen after the GE this year or early next, you should publish the intro clip for Ronnie Barker’s situation comedy, ‘Porridge’

    ”Norman Stanley Fletcher you are a habitual criminal and must accept imprisonment as an occupational hazard. I therefore sentence you to the maximum allowed fort this offence, 5 years !

    So much irony in that 1970s opening .. and voter will happily vote for 5 more years of Brexit, as long as it is blue not red. The voter is colour blind and so are the habitual Political criminals

  7. A brilliant and concise summary of the on going tragedy of Brexit which will continue to damage the uk for years to come.

Leave a Reply

Your email address will not be published. Required fields are marked *