Interview with Nick Clegg on Non Dom tax status

Interview with Nick Clegg on Non Dom tax status

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the non-dom tax status in the UK, highlighting its implications and the need for reforms. It emphasizes the importance of balancing openness for business with preventing abuse. The conversation covers the fairness of tax rules, the unique nature of non-dom status, and potential reforms such as ending inheritance of the status. The discussion concludes with a call for maintaining an open economy while ensuring tax fairness.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the balance between being open for business and preventing abuse?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe the current non-Dom status is an anomaly?

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