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Britain names and shames tax dodgers

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(Globalpost/GlobalPost)

The British government on Thursday publicly named and shamed nine businesses which have been fined for trying to dodge their taxes.

The list, which will remain online for a year, includes individuals found by Her Majesty's Revenue and Customs (HMRC) to have deliberately filled in their tax returns wrongly or deliberately failed to comply with their tax obligations.

"HMRC is dedicated to clamping down on the small minority of people who break the law, and finding and taking action against tax cheats who try to evade their responsibilities," said junior Treasury minister David Gauke.

"The publication of these names sends a clear signal that cheating on tax is wrong and reassures people who pay their taxes -- the vast majority -- that there are consequences for those who refuse to tell HMRC about their full liability.

"It also encourages defaulters to make a full and prompt disclosure and cooperate with HMRC to avoid being named."

The initiative is part of wider efforts to clamp down on tax avoidance which have seen Britain team up with France and Germany to try to stop companies shifting funds around the world to avoid paying tax.

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http://www.globalpost.com/dispatch/news/afp/130221/britain-names-and-shames-tax-dodgers