researcher100Re your post which included;"... Any-one consider...

researcher100

Re your post which included;
"... Any-one consider an alternate system? ..."

ICIJ is an international team of some 160 research journalists from 60 different nations. They are working to unscramble the cobwebs spun by the world's greedy-wealthy. A read through their reports provides some excellent examples of what can be done and what some nations have already done:

http://www.icij.org/

"An international network of journalists has obtained some 2.5 million records from tax havens detailing shell companies, offshore accounts and dubious financial deals. The unprecedented leaks include the names of 130,000 people who at one time or other moved their money offshore. ..."

http://www.spiegel.de/international/business/icij-journalists-expose-mass-web-of-global-tax-evasion-a-892505.html

Fruther to that, one reason Joe Hockey has to be queried in relation to the British advisor is Hockey's G20 role and it's claimed efforts to tackle global tax evasion which have thus far proven to be just rhetoric:

"... Without global collaboration on tax arrangements, Lagarde said countries would be locked in a “race to the bottom” that would ultimately hit ordinary taxpayers who would be “required to fill in the gap that is left by those that can manage to play those games”. ..."

http://newsinfo.inquirer.net/579601/global-tax-evasion-under-g20-scrutiny