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Taxation: USA's IRS leaves interest rates unchanged

The USA's Internal Revenue Service has issued a notice that interest rates will remain unchanged for Q4 2010.

Taxation: total of 74 years' jail for tax fraud gang

UK: HM Revenue and Customs has concluded a series of trials and retrials in which 21 defendants were found to have defrauded the UK Treasury of approx GBP37.5 million.

Taxation: US IRS bans lawyer from tax practice

The Internal Revenue Service has accepted an offer of consent to suspension from municipal bond lawyer Michael W. McCall. Under the terms of the settlement agreement, McCall will be suspended fro...

Taxation: Gordon Brown's success on tax reduction - less than zero.

Hidden away in the BBC's archives are all manner of treasures. The political interview programme On The Record was often fronted by the combative John Humphrys. The programme was taken off the ai...

Taxation: UK shifts tax balance

The UK's Budget 2010 presented yesterday shifts the emphasis of taxation and increases money available in certain sectors. Banking gets hit, research and development gets money; banks in which th...

Taxation: Phishing fraud attacks UK taxpayers

A widespread e-mail spam scam has been launched, attacking UK taxpayers - and to steal their credit card numbers on a reversal of the usual issues of tax fraud.

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Taxation

"The only certain things in life are death and taxes" - Benjamin Franklin

"The taxpayer is liable to pay the tax due - and no more" - Lord Denning

Governments have no money except that which they raise by taxation. There is a constant tug-of-war between governments trying to raise taxes and taxpayers trying to reduce what they pay. Yet populations resent tax - and don't understand it.

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