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:“''There may be an increased risk of retrospective [[withholding]] which is hard to quantify,''” he will say<ref>When one gives tax advice for a living one gets adept at saying this sort of thing by rote</ref> “''but as long as the desk is prepared to absorb that additional risk then I [[have no objections]].''” | :“''There may be an increased risk of retrospective [[withholding]] which is hard to quantify,''” he will say<ref>When one gives tax advice for a living one gets adept at saying this sort of thing by rote</ref> “''but as long as the desk is prepared to absorb that additional risk then I [[have no objections]].''” | ||
And lo, off the [[escalation]] goes to the business. [[Salespeople]], naturally, have but one goal: impregnating their [[client]]s, while assuming no responsibility for the congress at all should it go wrong. So, along the chain it goes to the [[trader]], a young whippersnapper who will neither know nor care what “absorbing additional tax risk” is, and certainly won’t want to be responsible for it. {{sex|He}} will pass it up his line management, a better-coiffed version of himself, but holding no more insight into tax risk, who will instinctively direct the query to {{sex|his}} [[chief operating officer]], a chap who is nothing if not expert in retrospective withholding risk.<ref> | And lo, off the [[escalation]] goes to the business. [[Salespeople]], naturally, have but one goal: impregnating their [[client]]s, while assuming no responsibility for the congress at all should it go wrong. So, along the chain it goes to the [[trader]], a young whippersnapper who will neither know nor care what “absorbing additional tax risk” is, and certainly won’t want to be responsible for it. {{sex|He}} will pass it up his line management, a better-coiffed version of himself, but holding no more insight into tax risk, who will instinctively direct the query to {{sex|his}} [[chief operating officer]], a chap who is nothing if not expert in retrospective withholding risk.<ref>That is: he is nothing.</ref> | ||
And so on. | And so on. |