MPs debated the issue of multinational companies and UK corporation tax last week in a debate scheduled by the Backbench Business Committee.
Cadbury: ‘Cadbury, the British confectionery maker that became a cause célèbre for tax justice campaigners after it was acquired by US food group Kraft in 2010, engaged in aggressive tax avoidance schemes before the takeover that were designed to slash its UK tax bill by more tha
The House of Commons Public Accounts Committee (PAC) released the report of its investigation of the tax affairs of internet firm Google.
John Brinsmead-Stockham addresses concerns about how the GAAR advisory panel will operate in practice
Alliance Boots: ‘Alliance Boots has accumulated a tax credit on £5bn of profit in the past six years, prompting calls by unions and MPs for an overhaul of the tax advantages enjoyed by private equity.
Measures to increase tax transparency will bring the international tax system into the modern age, the UK government declared at the close of the G8 leaders’ summit in Northern Ireland.
The Isle of Man, Jersey and Guernsey have all confirmed that they will join the Multilateral Convention on Mutual Tax Assistance.
A ‘backstop’ to existing anti-avoidance rules is considered by Mark Joscelyne and Mark Spinney
Punam Birly explains the latest move to tackle avoidance of income tax and NICs
HMRC has issued on its website revised guidance notes, draft regulations, and a Tax Information and Impact Note (TIIN) on the Foreign Accounts Tax Compliance Act (FATCA). The updated guidance notes outline when a trust can be defined as an ‘investment entity’ or not under the new rules.