As it stands for commercial properties in the UK, held by British property entities, the original purchase price is used to calculate the capital gain.
The council reportedly has a large amount of resources it does not use, with only €5,000 ($5,850) of its €270,000 ($316,000) budget for public facilities being spent last year.
The crown dependencies, which include Jersey and Guernsey, have a different constitutional relationship with the UK compared to the overseas territories
A conviction for any of these offences can lead to a custodial sentence for up to 6 months and, an unlimited fine in England and Wales, or a fine not exceeding £5,000 in Scotland and Northern Ireland.
HMRC tells the paper that while they can return the unpaid tax in instalments, it expects the average of £50,000 in underpayments for each freelancer to be returned in full.
The firm is opening an office in Harrogate, in addition to its existing bases in Newcastle and Durham, which will become a focal point for its growing presence in Yorkshire and surrounding areas.
The proposal intends to force corporations to pay tax where they generate profit, rather than shifting profits to tax havens, by requiring them to publish information on every country they operate in.