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by petercooper
2244 days ago
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The real issue is with the local (European) company when they claim the expense against profits and the tax inspector turns their nose up at the invoice/receipt. Being in the UK, we tend to work on a system where things are taken in context and you can defend such decisions. Maybe other tax regimes are more restrictive, but the British way is always that you can have a debate with authorities and usually they will see sense in your reasoning if you're not trying to defraud them. |
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https://twitter.com/i/status/1192182812121583617 The actual tweets probably explain it better than I (and the parent comment) can.