In addition to citizens from the newly included countries, the tourist visa has been extended to seven other categories
gulf5 hours ago
Speaking in Mumbai on the first day of a three-day visit to India, Cameron said his government was doing what it could to cut corporation taxes and expected companies to reciprocate by paying their fair share of tax.
“The message to business should be, ‘If we are cutting this rate of tax down to a good low level, you should be paying that rate of tax, rather than seeking ever more aggressive ways to avoid it’,” he told a group of workers at Hindustan Unilever Ltd .
The amount of tax that multinationals pay in Britain has become a sensitive issue after it was shown that companies such as Starbucks, Amazon and Google have been using legal loopholes to sharply cut their tax bill.
Britain, Germany and France called for such loopholes to be closed internationally at a meeting of the G20 in Moscow last weekend and London wants to make the issue a centrepiece of its presidency of the G8 group of nations this year.
On Monday, Cameron questioned the value of making a clear distinction between tax evasion and tax avoidance.
“I think the problem with that is that there are some forms of tax avoidance that have become so aggressive that there are moral questions that we have to answer about whether we want to encourage or allow that sort of behaviour,” he said.
However, Cameron said he didn’t think it was right to legislate on the issue.
“Some would say, ‘Just change the law to make aggressive avoidance illegal’, but, with respect to my friends in the accountancy profession, it is difficult to do that.”
“I think there is a legitimate debate to say very aggressive forms of avoidance are not appropriate.”
In addition to citizens from the newly included countries, the tourist visa has been extended to seven other categories
gulf5 hours ago
Al-Najjar, one of the three hospitals in Rafah, is no longer functioning due to the ongoing hostilities in the vicinity and the military operation in Rafah
world6 hours ago
The tweet also informed people of the different details that a single ID card can provide
gulf6 hours ago
Airport expected to increase its capacity to 25 million passengers annually by 2027
aviation6 hours ago
Core taxi segment revenue up 15% year-on-year
business6 hours ago
The precious metal has climbed approximately 12% this year
business7 hours ago
Since last month, many residents have resorted to expensive alternatives like taxis, while others endure significantly longer travel times
uae7 hours ago
In authorised school buses, drivers and nannies are trained to conduct thorough checks of the bus before locking and leaving it
uae8 hours ago