• Спецпроекты
  • Weather forecast
    • Exchange Rates
    • 424.37
    • 499.91
    • 5.75
  • SEND YOUR NEWS TO US WhatsApp +7 (777) 001 44 99
  1. Main
  2. Learn
  3. Economy
  4. Finance

'Who likes to pay tax? You don't, I don't': IMF chief 01 октября 2015, 14:15

The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear at a conference in Washington.
  • ПОДЕЛИТЬСЯ
  • Vkontakte
  • Facebook
  • Twitter
  • Одноклассники
  • Telegram
Новостью поделились: человек

'Who likes to pay tax? You don't, I don't': IMF chief 'Who likes to pay tax? You don't, I don't': IMF chief

The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear Wednesday at a conference in Washington, AFP reports.

"Who likes to pay tax? You don't, I don't, nobody does," said the IMF managing director, in response to a question about an increase in Greece's value-added tax (VAT) called for by the country's creditors, including the IMF.

Like other employees of international bodies, such as the United Nations and the World Bank, Lagarde is exempt from paying tax on her IMF income.

In a number of countries the IMF has rescued, it often recommends an increase in value-added tax as the easiest way to replenish depleted coffers, which has the added benefit of being less susceptible to dodging than income taxes.

In Greece, the government hiked VAT in July from 13 percent to 23 percent on a wide range of goods and services.

The Washington-based IMF caused a furor in 2013 by calling for an exceptional 10 percent tax on private wealth in Europe to help close gaps in public deficits.

Faced with an outcry in business circles, the Fund rapidly reversed itself and dropped the recommendation.



Nobel prizewinner proposes a new city in KZ
New abnormal snowfalls expected in Kazakhstan
Huge glacier retreat triggered in 1940s
Hyperloop construction begins in Las Vegas
"Moonlight" to top Spirit Awards nominations
Oil prices fall due to investors uncertainty
New dwarf galaxy discovered around Milky Way
Kanat Islam becomes a top ten WBO boxer
World oil prices continue to rise
Kazakhstan expects warming - Kazhydromet
Merkel to seek fourth term as chancellor
Sale of Tintin drawings set to break records
US, EU stocks fall as markets focus on dollar
Pacific leaders urged to defend free trade
EU warns eight nations on budget deficit
Universiade-2017: Athletic Village is ready
Bob Dylan can't make Nobel ceremony
Messi will never leave Barca - club president
Google, Facebook take aim at 'fake' news
Aerosmith announces Europe 'farewell' tour
Putin, Trump to normalise US-Russia ties
At least 10 hurt in southern Turkey blast
6.2 quake hits western Japan