A Conservative peer has described David Cameron's flagship G8 anti-tax avoidance initiative as a "purely political gesture" designed to head off European attempts to curb the City of London.
The revelation is embarrassing for Mr Cameron, who has made cracking down on tax evasion and avoidance a key part of his election campaign and has boasted about his global leadership on the issue with his flagship G8 anti-tax avoidance initiative.
"We've been wanting to improve the short sale process, but our focus this year has been on retention efforts," he said, referring to loan modifications and other foreclosure-avoidance initiatives.
The only new crisis-avoidance initiative was the much-trailed plan for a contingency credit line at the International Monetary Fund.
There was an unstated pact of avoidance.The initiative for the law came in part from the PRI.
On ID cards, on extended detentions, on equal pay and gender quality, on protection for workers and trade union rights, on anti-racism initiatives, on tax avoidance by the super rich, on the bedroom tax, on the recent welfare reform bill (Owen Smith?
On Saturday, Mr Cameron met leaders of Britain's overseas territories and Crown dependencies and secured agreement from them to sign up to an international initiative against tax avoidance and evasion.
Campaigners are furious because the US has failed to back two major initiatives designed to combat tax avoidance and money laundering.
Initiatives in vector control and avoidance have made some progress [2].
The two islands' governments have been coordinating with the US on an initiative aimed at curbing tax avoidance by American citizens.
In terms of how they're going to combine the two, Rascoff says that they should achieve $100 million in cost avoidances by 2016, through a combination of initiatives that should focus on combined ad budget spend, and reducing the number of new hires across both companies, which each have hundreds of job openings currently in the pipeline.
