‘[George Osborne] described “aggressive” tax avoidance as “morally repugnant”. He was right to do so ... ‘[Cameron and Osborne] need to see through the logic of what they have started.
Setting up a company specifically to avoid tax is ‘aggressive tax avoidance’ and should be distinguished from investment in pensions or genuine start-up businesses, the Prime Minister suggested today.
Coverage in the ‘quality’ newspapers of last week’s well-attended launch of the CBI’s tax campaign appears to have been l
The question whether business pays its ‘fair share’ of tax is a perfectly legitimate one that deserves a good answer, John Cridland said at the launch of a CBI campaign to bring ‘an informed voice’ to the UK business tax debate.
‘Is the government tough on avoidance? It has produced a report on an anti-avoidance rule. Who did it ask to develop this – a member of HMRC perhaps, or a barrister used by HMRC to combat avoidance?
A special low rate of UK corporation tax on finance profits from overseas financing within multinational groups will offer a ‘very significant’ benefit to groups setting up a structure that represents, according to a leading tax expert, ‘almost government-approved tax avoidance’.
Aaronson found that among tax representative bodies there was 'unanimous disapproval, indeed distaste, for egregious tax avoidance schemes'.