Mapeley, the listed offshore property group which caused a political storm
when it bought Inland Revenue offices, paid no corporation tax last year in any
of the jurisdictions in which it operates.
The company disclosed the lack of any corporation tax liabilities yesterday
as it rejected the idea of REIT status. Since it already pays no tax, there
would be no advantages, it insisted,
The Revenue attracted criticism for the sale, which meant the properties
being held offshore as part of an avoidance plan.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states