Every man is entitled if he can to arrange his tax affairs so that the tax attaching under the appropriate Acts is less than it could be. if he succeeds in ordering them so as to secure that result,then however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity,he cannot be compelled to pay an increased tax.” (Lord Tomlin, IRC v Duke of Westminster 1936)
It has been said that tax avoidance is legal: tax evasion is illegal. H M Revenue & Customs has, in recent years, introduced legislation requiring taxpayers to disclose in advance if they are making use of any tax avoidance scheme.
Critically evaluate the difference between UK attitudes to tax avoidance and those in less-developed economies. (You should refer to at least one other tax jurisdiction as well as the UK).
They should talk about the introduction of tax system in the uk,brief difference and meaning of tax avoidance and evasion, taxpayers attitudes towards tax avoidance and evasion in the uk and comparing it with any less developed country, looking at it from the government,public, company’s and taxman’s perspectives, the schemes that should be introduced in order to stop tax avoidance and evasion and conclusion.e.g anti-avoidance scheme
No specific books. journals preferably.