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That statement has, to a large degree, been both the foundation of and justification for all tax avoidance activity in the UK since.
"Every nominee's offshore tax avoidance activities should be examined as part of the nomination process," he said, suggesting that Ms. Pritzker is "associated with the kind of tax avoidance activity that the president dismisses as fat cat shenanigans for others".
Indeed, Senator Charles E. Grassley, Republican of Iowa, has called for scrutiny of her family's trusts, saying she was "associated with the kind of tax avoidance activity that the president dismisses as fat cat shenanigans for others.
In practice, the legality of a tax avoidance activity is many times subject to interpretation, it can be challenged and overturned in court.
Since 2004, promoters who design and sell such schemes have been required to notify the authorities but the watchdog said this had had little impact on the overall scale of tax avoidance activity.
Drought avoidance activity was widespread across the top half of the chromosome.
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The reports stemmed from job advertisements in the States which referred to duties for human resources executives including "maintaining union-free status" and "union avoidance activities".
Other studies have estimated that up to $32tr has gravitated in secrecy into offshore jurisdictions, much of it linked to tax evasion and avoidance activities.
Downing Street declined to support calls for a consumer boycott of firms such as Starbucks and Amazon because of their tax avoidance activities.
The bosses of HSBC admitted they were shamed and humbled by the tax avoidance activities of the group's Swiss banking arm as the bank revealed its chief executive, Stuart Gulliver, received £7.6m in pay and bonuses last year.
So now can he explain what steps he's going to take to find out about the tax avoidance activities of Lord Fink".
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