LRETTER : and pays

Henry Law
Saturday 04 May 1996 18:02 EDT
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"Lure of the havens" (Business, 21 April) reports unprecedented interest in tax havens and tax avoidance, in anticipation of a Labour victory at the next election. Over the past three years, our campaign has made a number of submissions to the Labour Party, pointing out that a property tax on land values is proof against avoidance and evasion.

Land cannot be hidden or removed to a tax haven, and it is therefore a simple matter to ensure compliance with a land value tax. In the light of your article, it is unfortunate that Labour and its advisers chose to ignore what we had to say.

Henry Law

Land Value Taxation Campaign

Brighton, East Sussex

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