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INTERNATIONAL TAXES


Switzerland’s has made ‘rapid progress’ to implement a commitment to the internationally agreed standard on exchange of information for tax purposes, the OECD reported.

TIEAs signed in January 2010 between the UK and the following territories entered into force on 19 May:

Chris Morgan provides your monthly review

Helen Lethaby provides your monthly review

There is a convincing case for reducing the corporation tax rate in Northern Ireland, according to the House of Commons Northern Ireland Affairs Committee.

‘Alliance Boots …has launched a vigorous defence of its UK tax payments. The Switzerland-based company, which operates the Boots chemist chain, was forced repeatedly to answer questions on tax … as it unveiled a surge in trading profits to more than £1bn.

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