This blog post was written by Christine Lagarde of the IMF. It’s rare that I will repost from such a source. I do though for
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The Destination Based Cash Flow Tax is a terrible idea
Nick Shaxson has a post on the Tax Justice Network blog explaining why the destination based cash flow tax (DBCFT) is a terrible idea as
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The best way to reform corporation tax? That’s the only basis that reflects where all their activities take place
A found an odd postscript to last week’s exchanges with Mike Devereux on corporation tax reform in the letter’s page of the FT where I
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The public do take notice of a company’s tax affairs when deciding how to shop
Part of academic life involves reading other people’s papers. This one caught my attention: Consumer reactions to tax avoidance: Evidence from the United States and
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London: 28 March, ‘Moneyland’ with Oliver Burrough
I am pleased to share this one, relating to an event at 6pm on 28 March at City, University of London: Oliver Bullough is a journalist and author
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£100 billion of secretly owned property in the UK: another price of offshore
Yesterday I noted that 3 million people in the UK own at least 5.7 million offshore bank accounts according to HMRC. Overnight Global Witness issued
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One in ten UK taxpayers has an offshore bank account
HM Revenue & Customs reported this week that: In 2018, HMRC received information about the offshore financial interests of around 3 million UK resident individuals, or entities
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The IMF says that the time for major corporation tax reform has arrived
The IMF has issued a new report this morning that says that the time for major corporation tax reform has arrived. The summary appears lacklustre:
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Corporation tax reform cannot be its replacement with a VAT
I (with others) have a letter in the FT this morning: Reform would be little more than additional VAT From Professor Richard Murphy and others
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