{"id":18736,"date":"2012-12-30T16:31:51","date_gmt":"2012-12-30T16:31:51","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=18736"},"modified":"2012-12-30T16:31:51","modified_gmt":"2012-12-30T16:31:51","slug":"territorial-tax-a-primer-from-a-uk-perspective-but-with-relevance-for-the-usa","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/12\/30\/territorial-tax-a-primer-from-a-uk-perspective-but-with-relevance-for-the-usa\/","title":{"rendered":"Territorial tax: a primer from a UK perspective but with relevance for the USA"},"content":{"rendered":"<p>The UK\u00a0Coalition\u00a0government has gutted most of the\u00a0anti-avoidance mechanisms in UK tax law that were meant to stop Uk based companies abusing offshore. They've done it deliberately and they feign surprise that tax receipts have fallen as a result.<\/p>\n<p>The pressure on the US government to do the same is rising.<\/p>\n<p>In the 12 minute monologue recorded in early 2011 but which is still relevant today I explain the problems with territorial tax for those who want an explanation of how we got to this sorry state of affairs and what it means:<\/p>\n<p><iframe loading=\"lazy\" title=\"Territorial taxation\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/_P0fedIKr3U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK\u00a0Coalition\u00a0government has gutted most of the\u00a0anti-avoidance mechanisms in UK tax law that were meant to stop Uk based companies abusing offshore. They&#8217;ve done it<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/12\/30\/territorial-tax-a-primer-from-a-uk-perspective-but-with-relevance-for-the-usa\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,10,1],"tags":[],"class_list":["post-18736","post","type-post","status-publish","format-standard","hentry","category-corporation-tax","category-tax-avoidance","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=18736"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/18736\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=18736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=18736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=18736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}