Jul 20, 2023
Policy
Pointless taxes that should be abolished #3: withholding tax
Interest withholding tax is easily avoided by sophisticated businesses, but a hassle for everyone else. Time for it to go. I’m keen to identify taxes that don’t serve a purpose, don’t raise much money (or can be easily replaced) and add nothing except complication and economic distortion. The first two were stamp duty and the […]
