A New Trap for Tax-Avoiders
Article Abstract:
A decision by Britain's highest court, the House of Lords, broadens the application of the 1981 Ramsay decision regarding tax-avoidance. A lower court decision was overturned. The recent court decision argues that courts should not determine tax-avoidance by the commercial effects of a series of transactions, but rather by the business purposes of the participants. Background on related tax decisions is given.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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Ain't No Comparison
Article Abstract:
United States courts are trying to compare the monetary value of different kinds of work. At issue is equal pay for women and men doing similar work. It will be very difficult to let comparable worth rather than the market place set wages.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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