All the news on the UK tax system – corporation and other corporate taxes,
personal taxation, tax avoidance, VAT, transfer pricing, HMRC, the European
Commission and other tax bodies
The Inland Revenue has 'recognised the problems' of Section 660 and finally agreed to carry out a guidance review on the controversial and unclear 'husband and wife' tax.
Gibraltar looks set to lose its tax haven status today as EU competition commissioner, Mario Monti, asks it to phase out its Exempt Company regime by 2005, reports the Associated Press.
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