My thanks to a Loyal Reader who has alerted me to a very gemusing article in Taxation, that defines a phrase that clearly should trend on Twitter:
- "Tax petardance"
"Tax ‘petardance’: avoidance that hoists HMRC by their own petard, typically by taking advantage of an anti-avoidance provision in reverse.Splendid!
Any sense of moral turpitude is cancelled out by feeling that HMRC have got their just desserts for introducing a stupid provision in the first place!"
Let's get it trending!
Tax does have to be taxing.
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