In the news

2 additional points (I'm sure that other aspects are there, just to be uncovered):

1 - He never bothered to declare his offshore holdings in the Parliamentary Members interests register prior to becoming PM in 2010, contra to parliamentary rules
2 - He held bearer shares, an investment device his government has since abolished

but the biggest uncovered point is: how is his father's offshore estate now being administered, and by what tax avoidant mechanism does Cameron and family benefit, because they have, they do, and they will.

Another - why did he personally intervene in EU law that would have made such things more difficult? (obviously rhetorical).

In regard to the rest of the money. Surely his mum has it. And it seems pretty likely he's due a chunk of it. But he can't/won't say that. This is more semantics - how can you claim something which you haven't been given, and if you try to push him on it, it's a bit ghoulsih.

I have no clue.

I didn't know that Pigfucker and BoJo are related.

I guess the big question is whether the funds etc were set up as they were explicitly for tax avoidance reasons or whether that was the most efficient structure and tax avoidance was a bonus.

In theory these investment funds should be transparent for tax reasons. The tax should hit when people take the money in the form of income tax or whatever.

I'm not sure that it matters.

Don't forget the letter he personal wrote to Donal Tusk to try and stop prying in to trust funds.
http://uk.businessinsider.com/david-camerons-offshore-trust-letter-2016-4

Has there been any dirt on Ian Duncan Smyth yet I wonder?

Everybody is laying into Cameron but surely he can't be the only scumbag here.

Osborne has come out of this looking quite bad. If one goes, so will the other.

Eating your words you shifty cunt?

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Jackie Chan???

Do we know for sure he paid tax on it?
the 20 grand profit he made is below the capital gains exception for a couple (20,200 at the time) so depending on if he sold anything else that year no tax may have been paid

http://theulsterfry.com/featured/were-all-in-the-same-boat-says-smug-prick-from-private-yacht/

"I've been investing 40% of my wage in this investment idea...but it's turned out quite badly" ;)

The tweet you've posted is in relation to tax evasion. Tax evasion is illegal. The discussion re. Panama is about tax avoidance which is not illegal. So I don't think you can say Osborne should eat his words for saying something illegal is illegal, especially as there is no evidence to suggest he (or indeed Cameron) has done anything illegal.

What these cunts should be pilloried for is all the pompous, hypocritical posturing they have been undertaking in relation to tax avoidance and offshore schemes whilst simultaneously profiting from them. It's a moral issue not a legal one (at this stage).

There are other words he can eat though.

Most wealthy people pay their taxes – and without them we could not begin to afford the public services on which the country depends. But under the last government, it was the boast of some high earners that, with the help of their accountants, they were paying less in tax than their cleaners. I regard tax evasion and, indeed, aggressive tax avoidance, as morally repugnant.

http://www.ft.com/cms/s/0/e4b90a3c-7379-11e1-94ba-00144feab49a.html#ixzz45EkfM87p

Avoidance and evasion are synonyms.

Gideon has never actually had a proper job in his life. He worked for Mummy and Daddy's wallpaper firm for a bit and did some work experience at the Telegraph, but basically straight into CCHQ.

Obviously that makes him ideally qualified to run the economy.

That's simply not true. Having an ISA is tax avoidance.

Totally agree - the Guardian had quite a good 'live' thread going on earlier with all the quotes these fuckers have come out with over the last few years on tax avoidance/offshore schemes. How you can stand up and say these things with a straight face when pocketing cash off the back of the exact practices you are condemning is pretty unbelievable.

Avoidance and evasion are synonyms.

There's even a word for that - Avoision

https://en.wiktionary.org/wiki/avoision

I sat on a jury where one of the defendants drove his mates (co-defendants) to court everyday- when the verdict was given they then disclosed previous convictions including that he was banned from driving for 18 months which still covered this period. Plod in the court house informed but couldn't care less. He even drove home that evening after the verdict.

Masterclass in how to be a shit reporter:

https://twitter.com/LBC_Charlotte?ref_src=twsrc%5Etfw

What the fuck has happened to the world?

Like you I have a few questions coming from a similar angle - to understand not to condone.

Illegal money laundering and embezzlement aside if I earned then saved £100 in UK I would pay tax via my savings account. If instead I put it off shore in Panama I would be avoiding the tax I pay on my savings in my savings account. Is that actually illegal?

Clearly for my £100 it's not worth doing but how much do you have to have offshore for it to be worth it?

Or is it people are moving the money from source before any tax whatsoever is paid in the UK? I.e. my local chippy taking my £3.50 for large chips and mushy peas and sticking it in an envelope and sending it to Panama?

I think what I'm trying tosay is I haven't a fucking clue.

Your local chippy are cunts and deserve to burn...am I doing it right?

you pay £3.50 for a large chips and mushy peas?!

It's semantics. No-one would criticise Cameron if he had £30k in an ISA. Nor should they.

But having £30k in a complex financial product 'owned' by a company based in a tax haven is clearly far more complex to arrange than popping out to your local Nationwide.