NB: It has already been put to me that I have got over excited here and that this just relates to the exceptional sources of income of non-resident companies now subject to income tax so that they get the benefit of new UK corporate tax rates. On re-reading I accept that is plausible and that my commentary may be an over active imagination before breakfast. If so, this is a false alarm but I leave it just in case the counter suggestion is wrong. The commentary on Devereux’s proposal remains relevant come what may.

Clearly needs to think after the sugar rush of the cocoa pops.

6 thoughts on “Sigh”

  1. He must be on new medication. This is the first time he has responded to a suggestion that he may be in error without a massive hissy fit.

  2. “On re-reading I accept that is plausible and that my commentary may be an over active imagination before breakfast.”

    Translation: even I can see I’ve made a colossal embarrassing blunder here, fuck.

    “I accept it is plausible”.

    Cunt.

  3. Interestingly, the measure he THOUGHT he was reading is one of the measures he’s been calling for over the past few years. Yet when he thought the Tories were going to do it … the world suddenly looked very different.

    Not that he’s biased though.

  4. Ironman,

    Just like when he called on the UK to unilaterally take action against companies structuring affairs to avoid a PE and then criticised Osborne for introducing the Diverted Profits Tax

    Or when he criticised Barclays for a low tax charge due to a tax exempt capital gain but said Guardian Media Group’s use of the same exemption was just fine.

    Or when he condemned Cameron’s family for IHT planning but said nothing about the Miliband family arrangements.

    Nobody does hypocrisy like Ritchie!

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