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.
James Bullock looks at the activist group's failed attempt to challenge HMRC
Sharon McKie tests the legislation's limits, uncertainties and anomalies
Peter Vaines is uneasy about the GAAR and he contends that the guidance does not take us much further in providing much needed clarity.
Corporation tax is not a voluntary tax and it is not easy to avoid tax in the UK, heads of tax at GSK, BP and Reed Elsevier have told the House of Lords economic affairs committee’s inquiry into taxing corporations in a global economy.
The Queen’s Speech on 8 May confirmed that the government will introduce a National Insurance Contributions Bill to provide for a £2,000 “employment allowance” from April 2014, extend the general anti-abuse rule to NICs, prevent the use of offshore employment payroll intermediaries to avoid emplo
David Cameron has called for a “new mechanism” to track where multinationals make their profits and where they pay their taxes, as the UK government comes under increasing pressure to tackle tax havens.
‘The problem is on the UK’s doorstep’ says ActionAid while tax professionals challenge charity's definition of a tax haven
The House of Lords economic affairs committee inquiry into taxing corporations in a global economy will hear evidence tomorrow from tax directors at GSK, BP and Reed Elsevier, as well as heads of tax at some of the major professional bodies.
The G8 should establish the architecture for a multilateral regime that “tackles unethical tax avoidance” and closes down tax evasion, the Africa Progress Panel recommended on Friday.