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Dan Neidle
DanNeidle
The lesson of the Apple/Ireland case is that taxing digital businesses under the existing rules is really, really hard.Here's why: The Commission claimed that Apple should have paid Irish tax
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An almost complete victory for Apple and Ireland. Bit of a surprise.Many observers expected the Commission to end up with a more modest result than their hoped-for €13bn. But the
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Cutting VAT is not a way to make the tax system more progressive.The cost is huge: a 5% cut = £32bnIt's inefficient, because businesses will retain some of the saving
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This is bad news. Without the US's participation in global tax reform, I only see three ways forward, all bad:https://www.ft.com/content/1ac26225-c5dc-48fa-84bd-b61e1f4a3d94 1. Proceed anyway with the OECD project, and apply the
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Since Richard Murphy is citing his 2014 blog on declining corporation tax receipts, let's see how good it looks in retrospect. (Spoiler: not very good) Murphy looked at large and
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Another tax myth: UK corporate tax has been cut over the last 20 years.Blue line shows the % headline rate, and a big drop.Red line shows the % of total
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Something you almost never hear/read, but is nevertheless true: the average UK worker pays less tax on their wages than workers anywhere else in Europe (with the sole exception of
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