John Cullinane Tax Partner Deloitte takes a 'spiritual' look at the 'tax gap'
The Government is concerned about the Tax Gap — the difference between the tax it collects and the Right Amount which is what should have been paid. But what is the Right Amount?
Perhaps we can answer this question by starting with the amount collected and adding back what is missing.
The amount that was due under the law
The first and most obvious point is that the Government does not always collect what it is legally entitled to. People evade taxes. This is criminal and wrong and must be universally condemned — just like terrorism or...
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John Cullinane Tax Partner Deloitte takes a 'spiritual' look at the 'tax gap'
The Government is concerned about the Tax Gap — the difference between the tax it collects and the Right Amount which is what should have been paid. But what is the Right Amount?
Perhaps we can answer this question by starting with the amount collected and adding back what is missing.
The amount that was due under the law
The first and most obvious point is that the Government does not always collect what it is legally entitled to. People evade taxes. This is criminal and wrong and must be universally condemned — just like terrorism or...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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