Article Abstract:
Tax rules and regulations are meant to be obeyed but they affect behavior as citizens find ways to secure benefits by tax planning. Tax planning is not believed to be a crime as it is inevitable human reaction to a particular set of rules.
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Article Abstract:
The amendments to the tax developments as on August 2004 are described. Changes including designated tax avoidance scheme, Inland Revenue's extension to Forum 42, and Inland Revenue targeting construction industry, are highlighted.
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Article Abstract:
A discussion on the Institute of Chartered Accountants in England and Wales's (ICAEW's) policy on the need for tax reform in the U.K. is presented.
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