Monthly Archives: December 2016

Government of, By and For the People

The cataclysmic events of 2016, and their likely impact on tax, set me in mind of a passage from Lincoln’s address given after the historic battle of Gettysburg. A turning point in the American Civil War, which was fought to … Continue reading

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Possible Devolved Tax Powers for Wales

The Welsh Assembly is to receive further tax devolution powers. As well as it own Welsh land transaction tax from April 2018 by 2019 it will also have certain powers to adjust income tax rates from 2019. Very fair to … Continue reading

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EU Offered a Poisoned Olive Branch to Apple

The European Commission held out a poisoned olive branch to Apple and Ireland. The EC investigation says the special sweetheart deal Ireland gave Apple allowed it to book an EU-wide tax rate of just 1$ to 0.005% and is demanding … Continue reading

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UK Imports and Exports

HMRC has published the latest UK trade statistics, for October 2016. Two direct quotes speak volumes: “For many years Germany has been our largest trading import partner by value. The USA has been the dominant trading partner for exports for … Continue reading

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McDonald’s Moving Back to UK from Luxembourg

The McDonald’s chain has announced it is moving its non-US headquarters back from Luxemburg to London. The fast food chain was lured away in 2009 in part by Luxembourg offering special tax deals. There is no suggestion McDonald’s did anything … Continue reading

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Oxfam Claims Some of Worst Tax Havens Inside EU Bloc

The charity Oxfam has compiled a list of what it considers are the worst corporate tax havens in the world, an added cost of which is increased VAT for individuals. Third is the Netherlands, sixth the Republic of Ireland and … Continue reading

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Brexit and Tax

The anti-democratic campaign against Brexit contunues with more spin on the tax position. With every other country in the world having free access to the EU’s single market, ie able to sell things to the EU, the latest project fear … Continue reading

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