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Capital beneficial properties tax: Price ought to double, says authorities evaluation


On Wednesday, the physique stated that the present guidelines had been “counter-intuitive” and created “odd incentives”.”The disparity in charges between capital beneficial properties tax and earnings tax can distort enterprise and household decision-making and creates an incentive for taxpayers to rearrange their affairs in ways in which successfully re-characterise earnings as capital beneficial properties,” the report stated.



www.bbc.co.uk

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