Britain’s broken tax system

| February 29, 2012 | 0 Comments

Some points on the Barclays tax “scandal”. 1. Both tax “loopholes” Barclays was intending to exploit are quite widely used by UK banks, so much so that Barclays, advised by both its auditors and lawyers, really didn’t think there would be in any problem with them. It assumed they would be approved. 2. The fact […]

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