Re: Jim
Posted: Tue Aug 31, 2010 7:42 pm
"You avoid tax by buying duty free. Duty is another word for tax. Free means without. So duty free means without tax. "
Perhaps if you read the messages prior to replying to them, you would get a better grasp.
As I pointed out - the term duty free is in some ways a misnomer, because shoppers may still have to pay duties in their home country on items purchased from a duty-free shop. So "duty free" does not necessarily mean without tax. Sorry!
Secondly it does not, in many cases, save money in that frequently "duty free" goods are more expensive than the same items bought outside the "duty free" area.
Thirdly these "duty free" arrangements (sometimes a misnomer, got it?) are ones which have been entered into by the countries of the departure and arrival ports as part of a tit for tat arrangement.
To compare this with taking advantage of a complex tax loophole not yet closed down to avoid paying millions in tax is daft.
Our glorious Coalition agreed the following on tax avoidance
"The parties agree that tackling tax avoidance is essential for the new government, and that all efforts will be made to do so, including detailed development of Liberal Democrat proposals."
Do you think they were talking about corporate Britain tax avoidance or the price of a Baileys Cream in Luton Airport?
Thats enough time spent on you for one evening, though I may test you on your understanding at some later date.
Cheers
D
Perhaps if you read the messages prior to replying to them, you would get a better grasp.
As I pointed out - the term duty free is in some ways a misnomer, because shoppers may still have to pay duties in their home country on items purchased from a duty-free shop. So "duty free" does not necessarily mean without tax. Sorry!
Secondly it does not, in many cases, save money in that frequently "duty free" goods are more expensive than the same items bought outside the "duty free" area.
Thirdly these "duty free" arrangements (sometimes a misnomer, got it?) are ones which have been entered into by the countries of the departure and arrival ports as part of a tit for tat arrangement.
To compare this with taking advantage of a complex tax loophole not yet closed down to avoid paying millions in tax is daft.
Our glorious Coalition agreed the following on tax avoidance
"The parties agree that tackling tax avoidance is essential for the new government, and that all efforts will be made to do so, including detailed development of Liberal Democrat proposals."
Do you think they were talking about corporate Britain tax avoidance or the price of a Baileys Cream in Luton Airport?
Thats enough time spent on you for one evening, though I may test you on your understanding at some later date.
Cheers
D