Belfast Telegraph

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.