Article
Britain To Appoint A Dedicated Tax Agent To Every Single Billionaire
Britain To Appoint A Dedicated Tax Agent To Every Single Billionaire
Submitted by QTR's Fringe Finance
The United Kingdom is about to discover the part of the Laffer Curve where the billionaire taxpayers simply get on a plane and go somewhere else.
His Majesty’s Revenue and Customs has now assigned a dedicated “compliance manager” to every billionaire it has identified with a UK tax footprint, dramatically expanding the government’s oversight of the country’s richest people, according to a new report from Bloomberg this week.
HMRC is using its own records, public information and data...
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