WGPlus (Archive)

HMRC ‘clean bowled’ by a ‘Googly’
The UK's tax deal with Google has created headlines and led to accusations of large multinational companies getting away with paying little or no tax, while small UK-based businesses and ordinary taxpayers are being taxed at a much higher level.  A new paper from the ESRC-funded Institute for Fiscal Studies looks at how the current tax system seeks to tax corporate profits, and the problems that can arise.  The paper highlights several key challenges with the tax system.
Researched Links:

ESRC:  Fair tax for big business

IEA:  EC's tax proposals are a missed opportunity

FDA:  Any Google tax settlement concerns lie with lawmakers, not tax officials, says HMRC union

Forget the ‘Mansion Tax’; tax the big corporations where they sell goods

Looking back one can see that tax collection (in some cases) is just like trying to carry live eels

Download this insightful inforgraphic now...