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HM Revenue and Customs have arrested five people accused of orchestrating a tobacco fraud that is estimated to have resulted in GBP20 million in unpaid excise duties.
Taxation: US IRS issues offshore guidance in eight languages
The USA's Inland Revenue Service has issued information sheets on the 2011 Offshore Voluntary Disclosure Initiative in eight languages so as to make sure those for whom English is not a first language have no excuse for saying they don't underst...
Taxation: US IRS clamps down on "frilolous" tax arguments
Even if you believe it to be true, your argument against the payment of US Income Tax may be determined to be "frivolous" under the Inland Revenue Service policy which not only lists those arguments already deem frivolous but also prov...
Taxation: incredible hypocrisy as Labour calls for fuel tax reversal
Lest we forget: in the mid 1990s, when the Labour government was in power, Tony Blair appeared in front of protesters complaining about the price of fuel and asking for a reduction in tax. His exact words have now faded from the public conciousn...
Taxation: Singapore cuts taxes in stimulus package
The Government of Singapore - a country with, by developed country standards, is already a low-tax environment - is to implement a series of tax cuts, cash back and abolishing of fees. But many are not happy: what planet are they on?
The UK's HM Revenue and Customs is to charge different rates of penalty for undeclared tax depending on where it arose: higher rates will apply i...
Taxation: Colorado court blocks internet tax law
A federal court in Colorado has issued an injunction preventing the Colorado Department of Revenue from enforcing a 2010 law requiring out-of-sta...
Taxation: Wikileaks, Elmer, Bank Julius Baer and the IRS.
It's a potent mix. Add in the US Senate's crusade against the offshore world (while the USA itself provides offshore services) and the very uncom...
Taxation: USA's IRS Commissioner Doug Shulman on Current Issues in International Taxation
IRS Commissioner Shulman explains why he thinks international tax evasion by individuals is a bad thing but structures to enable US companies to...
Taxation: UK plans crackdown on tax avoidance
UK to implement new tax avoidance avoidance strategy - including some measures with immediate effect.
Taxation
"The only certain things in life are death and taxes" - Benjamin Franklin
"The taxpayer is liable to pay the tax due - and no more" - Lord Denning
Governments have no money except that which they raise by taxation. There is a constant tug-of-war between governments trying to raise taxes and taxpayers trying to reduce what they pay. Yet populations resent tax - and don't understand it.
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