4 ms·
'some tax avoidance schemes haven't been tested in courts yet' Probably because the law isn't either fit for purpose, or clear enough for someone to litigate.
by squiggy22 11y ago
'some tax avoidance schemes haven't been tested in courts yet'
Probably because the law isn't either fit for purpose, or clear enough for someone to litigate.
As far as I'm concerned, if they (are obeying the law) and getting away with it, then articles like these only expose that the government are the incompetent ones.
- DanBC 11y ago> Probably because the law isn't either fit for purpose, or clear enough for someone to litigate. No UK tax authorities use courts as a measure of last resort. They persuade companies to pay unpaid taxes. See, eg, Vodafone who came to a deal. These bills were billions of pounds. http://www.telegraph.co.uk/finance/economics/9330102/HMRC-cleared-of-sweetheart-tax-deals-for-business.html http://www.telegraph.co.uk/finance/economics/9330102/HMRC-cl... Although see also this: http://www.theguardian.com/money/2011/dec/06/hmrc-tax-deal-vodafone http://www.theguardian.com/money/2011/dec/06/hmrc-tax-deal-v... etc. It's very expensive to sue these massive companies. It's probably a good thing that deals are made to reclaim some of the tax.