The Third MoU that accompanies the August 2015 loan agreement, just like the previous ones of 2010 and 2012, transfers the weight of structural adjustment to the Greek society. As a result, the Third MoU will increase poverty, class polarization and social exclusion. A characteristic example of this is that although creditor demands envisage broadening the tax base, tackling tax avoidance etc, at the same time they seek to abolish a 26% withholding tax on cross border transactions. This was set to come into operation on 1 September 2015 with the aim of halting a very common source of tax avoidance, under the guise that this would enhance the free movement of capital.