{"id":25905,"date":"2014-09-02T06:38:57","date_gmt":"2014-09-02T05:38:57","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=25905"},"modified":"2014-09-02T06:38:57","modified_gmt":"2014-09-02T05:38:57","slug":"the-new-horizon-the-non-united-kingdom","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/09\/02\/the-new-horizon-the-non-united-kingdom\/","title":{"rendered":"The new horizon: the non-United Kingdom"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/2f224ef6-322e-11e4-b929-00144feabdc0.html?ftcamp=crm\/email\/201492\/nbe\/UKMorningHeadlines\/product&amp;siteedition=uk#axzz3C8Ko3sJu\" target=\"_blank\">Opinion polls suggest<\/a> that Scotland may just vote for independence this month.<\/p>\n<p>Even if they don't Scotland now has taxing powers and is bound to use them.<\/p>\n<p>The dawn of tax competition within the UK is upon us. In that case it's not monetary union that should worry us; I would suggest that's an issue capable of technical resolution. It's the end of fiscal union that could be really worrying if we see a race to the bottom - especially on corporation tax - that seriously reduces the amount of revenue available to all governments throughout the UK.<\/p>\n<p>And oddly, this might be at its worst if Scotland remains within the Union but with strong taxing powers. <a href=\"http:\/\/www.taxresearch.org.uk\/Documents\/CorpoTaxlores.pdf\" target=\"_blank\">Only strong EU laws on regional subsidies might stop the race in that case.<\/a><\/p>\n<p>The reality is that whatever happens later this month a lot of thinking needs to be done and what is pretty clear is that very little progress has been made on it to date.<\/p>\n<p>I'm not saying Scotland should not vote Yes. Or that it should vote No.<\/p>\n<p>I am saying we need to think this through and so far I see very little evidence of that. My own contribution, <a href=\"http:\/\/www.taxresearch.org.uk\/Documents\/CorpoTaxlores.pdf\" target=\"_blank\">made in the case of Northern Ireland, is here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opinion polls suggest that Scotland may just vote for independence this month. Even if they don&#8217;t Scotland now has taxing powers and is bound to<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/09\/02\/the-new-horizon-the-non-united-kingdom\/\"><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":[140],"tags":[],"class_list":["post-25905","post","type-post","status-publish","format-standard","hentry","category-scotland"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25905","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=25905"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25905\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=25905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=25905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=25905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}