In a development proclaimed by its organisers as ‘a huge breakthrough’, SSE plc became the first FTSE 100 company to be awarded the Fair Tax Mark – a ‘kite mark’ awarded to companies considered to be ‘open and transparent about their tax affairs and seek to pay the right amount of corporation tax
Jeanette Zaman and Emma Game (Slaughter and May) consider whether the conditions for demergers to qualify as exempt distributions are in need of an overhaul
Heather Self (Pinsent Masons) asks if this the end for the ‘double Irish’ structure
The Irish finance minister, Michael Noonan, announced in his Budget statement on 14 October that the government is putting a stop to ‘double Irish’ corporate tax avoidance arrangements – such as those utilised by multinational corporations Apple and Google – by requiring all companies registered
The European Commission has published a letter sent to the Irish government which accuses it of having given illegal state aid to the US technology multinational Apple.
The government announced that the UK ‘is the first country in the world [out of 44 countries] to formally commit to implementing the new country by country reporting template’, which was unveiled as part of the OECD’s first seven recommendations on base erosion and profit shifting (BEPS), which t
The OECD has released the full version of a new global standard for the exchange of information between jurisdictions.
Avoidance scheme with QCBs
Bill Dodwell gives his view on the latest phase of the Fair Tax Mark and its application to multinationals