Reply to post:

Apple agrees to pay £136m in back idiot taxes to UK taxman

Ken Hagan Gold badge

"In my opinion, corporation tax should be abolished, you can just set VAT and payroll taxes to fair tax rates and be done with it, and everyone pays the same percent of turnover. That's not possible to fudge."

Until you find a company that pays staff almost nothing but which conveniently provides huge pensions and all-expenses-paid staff accomodation. You can fudge anything and those earning the most will always be able to spend more time/cash on fudging.

I will accept, however, that my example would be pretty blatant. In fact, almost any simplification of the tax code will make it (slightly) harder to fudge things. You could, for example, scrap several thousand "tax breaks" that have been introduced at a rate of several per year (because they are eye-catching and politicians like that) since the dawn of time. This would hurt almost no-one except the accountants.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon