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Should business fines be tax deductible

Submitted on Thursday 20th December 2012

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Should business fines be tax deductible

Additional Information

I am not prepared to pay my share of UBS's billion pound tax deductible fine for fixing Libor. I shall refuse to pay £50 of tax (income tax, VAT on work done or Council tax) until such time as there is a commitment to change the law to make fines non-tax deductible.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

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