3 ms·
If it's covered by law and you qualify, you most certainly can use similar loopholes. That's the thing, many times what people call "loopholes" are actually bad
by talmand 11y ago
If it's covered by law and you qualify, you most certainly can use similar loopholes. That's the thing, many times what people call "loopholes" are actually badly written tax laws. Sometimes it is by mistake, sometimes it is intentional for potentially nefarious reasons. But if you qualify, you can do it.
Otherwise, there are similar "loopholes" in complex tax codes. You just need to find them.
- DanBC 11y agoYou're treating it as binary - compliant or not compliant. But laws are tested in court. These companies claim to be compliant, but we don't know because UK tax authorities avoid court for all bit the most flamboyant evaders. No case law means we don't know if they're complying with law or not.