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And You Think You’re Having A Bad Day?

HM Revenue and Customs (HMRC) in the UK – sort of the equivalent of the IRS in the US – has lost computer disks containing confidential details of 25 million child benefit recipients. As a result, the...

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US Clashes With UK Over New Tax Proposal

When it comes to economics, the US and UK tend to find themselves on the same page. A recent example is their consolidated front over the need for banking transparency – both countries took a tough...

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