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Tax collector HMRC has paid informants nearly £2 million since 2013
HM Revenue and Customs (HMRC) paid £421,460 for information about tax evasion in 2016/17, according to data released in a Freedom of Information request.

HMRC paid £460,433 in 2015/16, which compares to a spike of £605,000 in 2014/15, and to £402,000 in 2013/14.

HMRC declined to say how many informants the figures related to, stating disclosing this information could "prejudice the assessment or collection of any tax or duty or of any imposition of a similar nature," and "endanger the safety of any individual."

It has also previously declined to say how much was recovered using the information.
foieg  tax  hmrc  foi  t 
2 days ago by paulbradshaw
The case for an efficiency tax, Economist Mar 2017
"EFFICIENCY is at the heart of progress. Yet just as too much of a good thing (travel, say) can yield a bad (congestion), so excessive ease in transactions can generate costs, known in the jargon as a “facile externality”, such that less efficiency would actually be more efficient. In academic circles, especially Scandinavian ones, the notion is well established that innovations which eliminate too much hassle could do society harm."

"In all this indulgence, the forgone benefits of hassle (slygge in Danish) go largely unrecognised. Frictionlessness encourages bad habits."

"Payments are also subject to facile externality. Three in five Britons say they spend more with a wave of the plastic than they would with cash"
TheEconomist  tax  efficiency  opinion  economics  externalities  AprilFool 
2 days ago by pierredv
Tax Equity 101: Structures (Feb 2017)
Incentives: (1) ITC, (2) Bonus Depr, (3) MACRS; Cost Basis - FMV w/ profit & Dev fee; Tax Equity (7.5-9.5% after-tax). Structures: Sale-leaseback. Partnership flip (99% of tax income but minimal cash). Buyout option. Yield-based or Fixed (w/ preferred return)
itc  solar  tax  taxes  energy  tax.equity 
4 days ago by ff4
Internet Safety Strategy green paper - GOV.UK
Ah the Twitter Tax is actually a consultation not just an announcement- ta,
uk  social  media  extremuist  illegal  content  filtering  tax  twitter  from twitter
5 days ago by Surliminal

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