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CORPORATE TAXES


‘The Big Four accountancy firms have come under attack for maintaining on average more than 20 offices each in offshore tax havens despite countries working together to crack down on tax avoidance … MP Chuka Ummuna, who earlier this month confronted Barclays chief executive Bob Diamond over the b

UK Uncut, the protest group campaigning against tax avoidance, condemned what it called ‘political policing’ after CS spray was used to disperse protestors in London’s Oxford Street.

Latest changes to IAS 12 are limited, but the future remains fluid.

Several core areas of small business taxation have been raised and debated ‘time and again’ during the recent roadshows organised by the Office of Tax Simplification.

Alliance Boots defended its registration in the low-tax Swiss canton of Zug as it prepared for nationwide protests against tax avoidance, telling Tax Journal today that if it had registered in Switzerland ‘purely for tax reasons’ there were many other countries that it could have conside

Mark Minihane and Ken MacKenzie examine compliance issues surrounding the proposed debt cap rules

Comments are invited by 22 February 2011 on draft HMRC guidance on proposed changes to the rules governing taxation of companies’ capital gains.

Liberal Democrat MP Adrian Sanders asked the Chancellor if he would make it his policy to refer all tax disputes concerning liabilities greater than £500 million for parliamentary scrutiny prior to action by HMRC.

‘If some tax avoidance is a fact of global competition, the challenge for firms is to protect their reputation … The awkward truth is some companies do have something to hide.

The value of the retail prices index for December 2010 is 228.4.
 

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