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Post: 80/20 Rule

Anonymous Coward

80/20 Rule 

In Amazon affiliates nixed in two more states

Boffin

There is a big difference between "Tax Avoidance" and "Tax Evasion", one ends up in the jail, the other doesn’t. Most companies be they "Bega Buck Corp" or "Corner Shop Limited"

Tax avoidance is the legal utilization of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by illegal means.

Everyone assumes that tax is collected in equal measure in each Country, Territory, State, County or Borough. This is obviously a fallacy.

When I worked for HMRC it was given that In the UK, most of the tax in collected was in the South East Region surrounding and incorporating London. No doubt there are reasons why this skewed the figures, and I am sure many people will pole up to put forward how their part of the country pays just as much as another.... but keep in mind that the entire population of Shropshire is not far off that of Leicester (midlands) or Guildford (Surrey) plainly there is not parity on a "per head basis".

There was prevailing argument that the tax offices in the Celtic crescent of Scotland, Northern Island, Wales and Cornwell be closed as it cost more to collect than was received. Some sense has now prevailed and they use these staff to collect and process the taxes from the South East.

I imagine that similar arrangements may exist for more commercial organisations; there are probably more Starbucks in Guildford than the whole of Shropshire. Certainly there are more on single street in London such as Kingsway?

I dont know the relative economic values of the US states, but California was once alleged to be the 5th ot 6th largest economy in the world if it was spun off as a separate state, I'd imagine that there are many of those American states that are actually a bit thin on the revenue

http://en.wikipedia.org/wiki/List_of_U.S._states_by_population

It would appear Mexico City has a larger population than 12 American states combined!

Wales has a larger population The Dakota's and Hawaii have combined....

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