Talking About Tax

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Tax-oh-no-mics 103: Where Everyone Is A Zimbabwean Resident

Note: this is the third part in a series of posts on Tax and, more specifically, the draft Zimbabwean Income Tax bill. The preceding posts: Tax-oh-no-mics 101: the Zimbabwean Lesson – in which Zimbabwe experiences hyperinflation, dollarises, engages in diamond trade, and the Government runs out of money. Tax-oh-no-mics 102: An Introduction To Expanding The Tax […]

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Tax-oh-no-mics 102: An Introduction To Expanding The Tax Base

Note: this is the second part in a series of posts on Tax and, more specifically, the draft Zimbabwean Income Tax bill. The preceding posts: Tax-oh-no-mics 101: the Zimbabwean Lesson – in which Zimbabwe experiences hyperinflation, dollarises, engages in diamond trade, and the Government runs out of money. How Governments Finance Themselves* *Whenever I talk […]

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Tax-oh-no-mics 101: the Zimbabwean Lesson

I recently went to a breakfast where the topic of presentation at the table was Zimbabwe’s draft Income Tax bill. A bill that is, as yet, still being amended (and that most hope will be subject to a great deal more amendment before it arrives as Law). If the bill is passed, it will come […]

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Multinational Tax: I Find The Argument Well Taxing

First off, I am no tax expert. And secondly, this topic definitely requires more than an off-the-top-of-head blog post on a Wednesday morning. However, the news of late has been dominated by much political outrage over the low taxation paid by the big multinationals: Starbucks and Apple and so on. Only yesterday, Tim Cook was […]

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Tax Avoidance is not an Unequal Evil: On Google’s Side.

Google does something entirely rational. Link: and there’s outrage. Google has been taking the money that it earns in its overseas subsidiaries and “funnelling” it into its Bermuda holding/shell company. About $9.8 billion in revenue, thereby avoiding $2 billion in income tax (as calculated by the journalist who first wrote the article). Of course, there are […]

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Mitt Romney announces a tax plan.

Article of the day link: and I think I know why it took him so long. So Mr Romney (and Mr Ryan) have both received a lot, and I mean a lot, of criticism for failing to fully detail their tax plan. We all know that they’re planning a rate cut. But the second part about “eliminating […]

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inflatation tax

Inflation: Yes, It’s a Tax

It's a tax on cash.

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