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Old 17-10-2010, 23:39   #1
Maggy
The Invisible Woman
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Join Date: Jun 2003
Location: between Portsmouth and Southampton.
Age: 73
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UK banks given tax deal deadline

http://www.bbc.co.uk/news/business-11560409

Quote:
UK banks have been given until November to agree to a code of practice that they will meet their tax obligations.
Chancellor George Osborne told the BBC that just four of the 15 major banks had so far signed the agreement which was introduced last year.
All banks would be required to agree to "pay what is due both in the spirit of the law as well as to the letter of the law", he said.
This could get tricky..One wonders if there is any government that has the teeth for the job let alone the will.
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