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Criminalising the conversion of taxable earnings to untaxable funds

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 2

Tagged with

Crime ~ Money

Petition Action

Criminalising the conversion of taxable earnings to untaxable funds

Additional Information

To outlaw and criminalise the conversion of taxable earnings by the use of complicated artificial finacial vehicles to non-taxable funds both at home or off-shore. The use of such instruments to be classified under money laundering laws and the Proceeds of Crime Act 2002.


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