Historical Tax Avoidance

Historical Tax Avoidance

Tax Avoidance

Tax avoidance has been around as long as taxes. One historic example of tax avoidance still evident today was the payment of window tax. It was introduced in England and Wales in 1696 with the aim of imposing tax on the relative prosperity of individuals as the bigger the house, the more windows it was likely to have and the more tax the occupants would pay. Nevertheless, the tax was unpopular, because it was seen by some as a ‘tax on light’ and led property owners to block up windows to avoid it. The tax was repealed in 1851.

Other historic examples of tax avoidance were the deliberate destructions of roofs after World War II in order to avoid substantial property taxes. The owners of buildings like Fetteresso Castle (now restored) and Slains Castle in Scotland deliberately destroyed their roofs in protest at the new taxes.

Posted in

Similar posts you may like

  • Infamous Tax Evader – Al Capone

        Alphonse Gabriel “Al” Capone (c1899 – 1947) was an American gangster who attained fame during the Prohibition era as the co-founder and Read more

  • Silicon Valley turns into Crypto Valley!

    Cryptocurrencies, non-Fungible tokens (NFT’s) and crypto domains are all products of the skyrocketing blockchain industry. The amount of money moving through the blockchain community Read more

  • The Glove Tax of 1785

    As Britain’s 1784 tax on hats was such a lucrative revenue raiser for the government, they decided to complement it with a glove tax. Read more

  • Simplify your banking

    How many cards and bank accounts do you have? We often have more bank accounts than we need, complicating our finances, reducing synergies, and Read more

"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2