http://www.taxresearch.org.uk/Blog/2007/09/11/cbi-says-outlaw-abuse-but-not-right-now/ Richard Murphy on tax and corporate accountability Thu, 08 Jan 2009 01:37:55 +0000 http://wordpress.org/?v=2.6 http://www.taxresearch.org.uk/Blog/2007/09/11/cbi-says-outlaw-abuse-but-not-right-now/#comment-171146 Martin B. Tittle Wed, 12 Sep 2007 11:35:31 +0000 http://www.taxresearch.org.uk/Blog/2007/09/11/cbi-says-outlaw-abuse-but-not-right-now/#comment-171146 Mr. Lambert's concern about a change in taxation causing capital to flee echoes a concern expressed at the U.S. Ways and Means hearing last week that a change in U.S. taxation of carried interest could cause capital to move to the UK. If the UK could make clear its timetable for changing the taxation of carried interest, that might make it easier for the U.S. to move forward in the same vein. Mr. Lambert’s concern about a change in taxation causing capital to flee echoes a concern expressed at the U.S. Ways and Means hearing last week that a change in U.S. taxation of carried interest could cause capital to move to the UK. If the UK could make clear its timetable for changing the taxation of carried interest, that might make it easier for the U.S. to move forward in the same vein.

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