Belfast Telegraph

Saturday 30 August 2014

IMF boss 'is tax hypocrite'

International Monetary Fund chief Christine Lagarde has been accused of hypocrisy after it emerged that she pays no income tax - just days after blaming the Greeks for causing their financial peril by dodging their own bills.

The managing director of the IMF is paid $467,940 (£298,675), automatically increasing every year according to inflation. On top of that she receives an allowance of $83,760 (£53,980) and additional expenses. But she does not have to pay any tax on this substantial income because of her diplomatic status.

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