By Tom Seymour
The global financial crisis has led to unprecedented scrutiny of financial institutions and the individuals and companies that use them. Tax avoidance – the legal exploitation of loopholes a tax system to minimise an individual or company’s tax liability – has been a particularly contentious issue, with a growing number of voices arguing that while such behaviour might be legally permissible, it is morally indefensible.
This issue provides the inspiration for Gabriele Galimberti and Paolo Wood’s The Heavens, Annual Report, which is currently on display at the Les Rencontres d’Arles Festival in the south of France.
Woods explains that the idea for …read more