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Barclays to close 'tax avoidance' unit
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=18308
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Author:  pcernie [ Sun Feb 10, 2013 12:22 am ]
Post subject:  Barclays to close 'tax avoidance' unit

http://www.bbc.co.uk/news/business-21397844

I'm doing my best to shake the cynicism here, but...

Author:  Amnesia10 [ Sun Feb 10, 2013 8:31 am ]
Post subject:  Re: Barclays to close 'tax avoidance' unit

They might just rebrand the unit. They make too much money from it to simply close it. They might not have a tax avoidance unit as such but I suspect that it will still be there somewhere.

Author:  MrStevenRogers [ Sun Feb 10, 2013 1:25 pm ]
Post subject:  Re: Barclays to close 'tax avoidance' unit

they have just moved it to another department
so it can be better hidden, shurg ...

Author:  Amnesia10 [ Sun Feb 10, 2013 7:09 pm ]
Post subject:  Re: Barclays to close 'tax avoidance' unit

MrStevenRogers wrote:
they have just moved it to another department
so it can be better hidden, shurg ...

They probably want the better publicity of closing the unit but still want the profits from that unit.

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