When it comes to aphorisms, 'Oldie but Goodie' is high on my list of suspect examples. Generally quoted by the generation above mine to fill the void of laughter following a particularly hackneyed joke, it only rolls happily off the tongue when served with lashings of irony. Such was my reaction to a ruling published…
It’s just not cricket
Last month's news from India, that tax residency certificates would no longer be a must for foreigners claiming treaty benefits, will come as a welcome relief to the finance departments of organizations doing business with that great country. Obtaining certificates of residence can be a pain in the neck, especially when they are needed quickly.…
The taxman takes his cut
Initially dubbed 'the war to end all wars', the act of carnage that ended a hundred years ago this week had to later suffer the ignominy of having 'First' stuck at the front of its name. While recognizing the sacrifice of the combatants and the tragedy of 20 million dead, subsequent generations have suggested the…
FANGs ain’t what they used to be
Facebook, Amazon, Netflix and Google, the tech giants collectively dubbed the FANGs, are hardly going to be digitally quaking in their virtual boots over British Finance Minister Phillip Hammond's Budget announcement last week that he plans imposing a 2% Digital Services Tax on their UK related turnover. Hammond himself admitted it would only be expected…
Tax Break 