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Originally Posted by jfman
Original version, not the updated one. “For the most part” does not mean in entirety. You literally cannot win this argument you conceded defeat with your own carefully nuanced language.
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The UK already has comprehensive exit taxation rules, and the changes necessary to implement the directive are relatively minor and primarily of an administrative nature.
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Just more paperwork involved.
If I set up a company in France, then any profits are initially taxed to FRENCH rules. If I keep the money there and use the company to make investments in France, then it is nothing to do with UK authorities. If I then pay myself a "dividend", that would be subject to UK tax, taking into account the tax already paid in France.
NO TAX HAS BEEN AVOIDED.
This is an example of tax avoidance.
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Jeremy Corbyn failed to declare a third pension on his HMRC tax form, it has emerged, as he refused to disclose documents regarding his full tax declaration last night.
Following the Labour leader's admission that he neglected to include his state pension or previous local government pension on his tax return, a spokesman for Mr Corbyn said yesterday that a third pension was also missed off the official document.
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