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Old 06-02-2015, 09:30   #1
Osem
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Tax avoidance - spotlight on accountants

Quote:
Accountancy firm PricewaterhouseCoopers (PwC) has been accused of promoting tax avoidance "on an industrial scale", in a report by MPs.

It is said to have helped hundreds of clients cut their corporation tax bills by setting up bases in Luxembourg.

Earlier this week the Archbishop of Canterbury said companies should pay tax wherever they earned their profits.

PwC said it disagreed with the Public Accounts Committee report but added that the tax system was "too complex".
http://www.bbc.co.uk/news/business-31147276

What???!!! Accountants testing the boundaries/scope of tax regulation???!!!

Surely that'd be a bit like lawyers testing the boundaries/scope of the law wouldn't it?

Seriously, are they really surprised? what on Earth did they think accountants do, help their clients pay more tax?
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