David Boneham and Lara Okukenu look ahead to new frameworks sanctioned by FRS 100
A new EU law requiring multinationals to report profits and taxes on a country by country basis may be introduced within a few months, reports have suggested after the European Council agreed to strengthen measures to tackle tax evasion and avoidance.
The FTT rejected an attempt to take advantage of the derivative contract group transfer rules. Kevin Conway offers an analysis
Chris Sanger on the need for companies to seize the transparency initiative
James Bullock looks at the activist group's failed attempt to challenge HMRC
Tax campaigners insisted on Tuesday that the OECD’s review of the international tax system should not rule out the option of unitary taxation, while leading tax professionals warned that such a regime would create significant practical difficulties.
HMRC’s former head of tax advised colleagues against revisiting a settlement with Goldman Sachs partly because of concern that the company’s reaction might cause “major embarrassment” to the chancellor and HMRC, the High Court heard yesterday.
Pippa Booth and Alycia Spitzmueller review the replacement for UK GAAP
How can the tax director cope with the seemingly impossible task of choosing between three equally unpleasant outcomes: becoming uncompetitive, failing to satisfy regulations and offending the moral judgement of the general community?
The DOTAS regime should be extended to include corporate tax abuse in the developing world.