I have noted before that Donald Trump is proposing to change the US corporation tax system. The essence of the change seems to be that profits attributable to exports will not be taxed whilst there will be no tax relief on imports. I have already suggested that this could be disastrous for international tax but
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This is worth sharing:
The Guardian has reported that: Guardian investigations found many tax-evading sellers were trading without displaying VAT numbers on Amazon or eBay. Others were showing made up numbers, or numbers cloned, without authorisation, from unsuspecting legitimate businesses. Several sellers purported to be operating through UK trading companies, but checks showed these firms had been dissolved, sometimes
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The Guardian has reported that: Amazon is quietly rooting out many of its Chinese traders who do not hold UK VAT numbers to try to protect itself from tax evasion inquiries later this year when new HMRC powers come into force, the Guardian has learned. The online retailer has been conducting a review of sellers’
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The following press release was issued by Labour Front Bench Treasury spokesperson Rob Marris MP, working in association with long term anti-VAT fraud campaigner Richard Allen, who sent it to me: In a reply to Rob Marris MP, the government has admitted that not a single prosecution been made in relation to online VAT fraud
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Radio 5 Live has been asking the questions: <ore good work by the tireless Richard Allen.
Watch this hearing before the Public Accounts Committee from 15.52 onwards where Dame Lin Homer is questioned about the Amazon and eBay VAT scandals. Lin Homer fails to answer questions. She cannot say why it has taken years for HMRC to address this issue. She admits HMRC do not know at present who may be
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Several weeks ago I wrote about the VAT abuse that is undoubtedly happening as a result of sales being made through the Amazon and eBay web sites and suggested Amazon and eBay may be liable for the losses arising. It’s good to note that due to the tireless efforts of VA campaigner Richard Allen this
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From Radio 4 yesterday:
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