It is meant to help tax officials to «explore common queries and practical issues» involving cryptocurrency trading and
tackle tax evasion, according to the Australian Financial Review.
Also, revisions to the laws on income tax and corporate tax would allow financial authorities to
tackle tax evasion from the digital currency transactions.
Also, revisions to the laws on income tax and corporate tax would allow financial authorities to
tackle tax evasion from the digital currency transactions.
Following this week's anti corruption conference and big talk on
tackling tax evasion it would be surprising if this was not also signalled in the Queen's speech.
In response to the HMRC's revelation of the continued enormity of the tax gap, Danny Alexander announced that 2,250 extra government tax inspectors would be tasked with
tackling tax evasion and avoidance, including an «affluence team» to target those in the 50p tax band and ensure that «those with the broadest shoulders bear their fair share of the burden», as he told The Independent on Sunday.
With a clear agenda and concrete proposals on a global growth deal - opening up trade,
tackling tax evasion and boosting infrastructure - Britain should have been leading efforts at the G20 to reach an agreement that would transform African and low - income countries into genuine, much - needed dynamos for the largest prize: the return to global growth.
And Labour will set out our plan for tackling the deficit not through punishing the most vulnerable and decimating our public services but by ending the unfair tax cuts to the wealthy,
tackling tax evasion and investing for growth.»
Not exact matches
It is clear that HMRC are getting increasingly tough in their determination to reach their target of bringing in an extra # 7 billion over the Parliament through initiatives to
tackle tax avoidance,
evasion and fraud.
Following last week's Anti-Corruption Summit in London, legislation will be introduced to
tackle corruption, money laundering and
tax evasion.
Staying in would enable the UK to play an active role in
tackling the most pressing issues of the day, from
tax evasion to terrorism, the former PM argued.
Commenting on today's announcement of extra resources for
tackling tax avoidance, evasion and fraud, John Whiting, Tax Policy Director of the Chartered Institute of Taxation (CIOT), sa
tax avoidance,
evasion and fraud, John Whiting,
Tax Policy Director of the Chartered Institute of Taxation (CIOT), sa
Tax Policy Director of the Chartered Institute of Taxation (CIOT), said:
With HMRC figures indicating that an estimated # 8bn of the potential
tax gap is down to
tax evasion and the hidden economy, it is important to continue to
tackle this sector, to remove some of the unfair competition faced by those who pay their
taxes.
The CIOT's submission to HMRC on
Tackling offshore
tax evasion: Civil sanctions for enablers of offshore
evasion — can viewed here.
The ATT sets out its views1 in response to a government consultation on
tackling offshore
tax evasion.
HMRC's consultation,
Tackling offshore
tax evasion: Strengthening civil deterrents, can be read in full, here.
Taken altogether, the further steps in this Budget to stop
tax evasion, prevent
tax avoidance and
tackle imbalances in the system will raise # 12 billion for our country over this Parliament.
Finance ministers from the G20 group of leading nations have formally backed plans to
tackle international
tax avoidance and
evasion.
The Liberal Democrats today promised an attack on those who have made
tax evasion a lifestyle choice, as the party announced government plans to raise an extra # 7bn by 2014 - 15 by
tackling tax avoidance and fraud.
MPs from across the political spectrum have called for action to
tackle money laundering, sanctions busting,
tax avoidance and
tax evasion in the UK's crown dependencies and overseas territories.
Speaking on the BBC's The Andrew Marr Show, he said that the government needs to have a fairer taxation system and
tackle tax avoidance and
evasion.
The Bill contains measures aimed at improving UK enforcement agencies» ability to recover the proceeds of crime, prevent the financing of terrorism, and
tackle money laundering and
tax evasion.