Revealed: how UK banks exploit charity tax laws

[EXC]

This Guardian artical is incredible

http://www.guardian.co.uk/money/2007...s.northernrock

[thephoenix]

Re: Revealed: how UK banks exploit charity tax laws

I don't know much about criminal law or certain business practices........... but it sounds pretty criminal to me.

[Guest]

Re: Revealed: how UK banks exploit charity tax laws

It is exploitation of the worst kind - there is the letter of the law and there is the spirit of the law and banks think they are above both.

[thephoenix]

Re: Revealed: how UK banks exploit charity tax laws

I get this feeling that 2008 will be a bad year for banks. Worse than 2007.

There just seems to be too much (alleged) underhand banking activity coming to light at the moment. :gun: