Not so much avoidance as - manipulation -.

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Not so much avoidance as - manipulation -.

Post  Atlas on Tue Sep 24, 2013 12:41 am



As per teamplayer2's comment didn't raise any eyebrows/ or comments. I will make the following observation on a new posting regarding 'tax avoidance,' which has now been supplanted, to some insidious degree, by 'tax manipulation' instead. It would appear that new tax closing loopholes, in order to stop 'avoidance', has opened up yet more loopholes for 'manipulation' with the result that even less tax will now be paid as a result.
In order for this government to encourage new industries the battle is on to reduce corporation tax by as much as possible. A laudable quest one might say. Ergo - new tax laws are in force and in progress to enable this outcome. So it's no more 'avoidance' but full steam ahead for greatly reduced unavoidable payments. And as for the international companies like Amazon and Starbucks - well we have to await the Europeans to 'all' agree and then implement something - er - sometime - er somehow - doh!

But, teamplayer2 - have you heard anything about all this at all ????? Or is it one of those 'State' requirements yet again - so as not to upset your sensibilities -???

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Re: Not so much avoidance as - manipulation -.

Post  Atlas on Wed Sep 25, 2013 12:29 am

Stop Press: Latest from our man in Westminster -: Attempts to reduce Corporation Tax from new low of 20% to 19% (in order to match that of Ireland) have been shelved due to - er - insufficient tax revenues for 2012. Rumour has it that it will be 'increased' to 21% for this fiscal period. Opps!!! Pressure on 'again' to reduce loopholes for tax avoidance.
Stop Press: Howls of indignation from CBI that not enough elasticity is being granted towards Corporation Tax thresholds - and what's wrong with avoidance anyway.
Estimates range from 40 billion to 100 billion pounds sterling per annum due to 'loopholes' in present tax laws on 'tax avoidance' schemes.

Will keep you posted.Evil or Very Mad 
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Re: Not so much avoidance as - manipulation -.

Post  teamplayer2 on Wed Sep 25, 2013 8:44 pm

affraid What a Face No bounce scratch 
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Re: Not so much avoidance as - manipulation -.

Post  Chill37 on Thu Sep 26, 2013 7:38 pm

Atlas wrote:

As per teamplayer2's comment didn't raise any eyebrows/ or comments.

Perhaps we all have more pressing/important things to worry about.

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Re: Not so much avoidance as - manipulation -.

Post  Atlas on Fri Sep 27, 2013 12:43 am

Well of course you have chill37. THAT'S WHAT THEY RELY ON. DOH!
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Re: Not so much avoidance as - manipulation -.

Post  Dalelad on Fri Sep 27, 2013 1:04 pm

The Tories are never going to do too much to upset the rich, are they?

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Re: Not so much avoidance as - manipulation -.

Post  Chill37 on Fri Sep 27, 2013 8:21 pm

Atlas wrote:Well of course you have chill37.  THAT'S WHAT THEY RELY ON. DOH!
Well I do.


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Re: Not so much avoidance as - manipulation -.

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