Main tax advantage
I WAS surprised to read the claim in the Warrington Guardian, September 17, that the tax advantages gained by companies based off shore are the avoidance of capital gains tax, inheritance tax and stamp duty.
Surely the main tax advantage – and our biggest source of lost tax revenue – is the saving in corporation tax on their profits.
CHRIS HAGGETT
Penketh
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here