Chris Morgan reports on recent developments, including the surprise move compelling banks to adopt a new transparency regime, key EU cases, and further detail on India's 2013 Budget.
Ernst & Young’s head of tax policy suggests that the chancellor’s speech may have helped to address ‘uncertainty created by the fair tax debate’, while campaigners insist that the UK should do more to tackle avoidance
Package will include an inter-governmental agreement that ‘closely follows’ the FATCA IGA
Proposal to use disclosure rules to help developing countries tackle poverty and reduce dependency on UK aid has been raised in parliament three times in recent weeks
‘I’d be surprised if a similar deal with Jersey is not announced shortly,’ says PKF tax partner
‘We want to make sure that we get the costs and benefits right,’ says Treasury spokesman in the House of Lords
Relaxation follows ‘constructive dialogue’ with professional and trade bodies
OECD defends relationship with business as it is reported to be ‘alienating’ allies in industry
Increasingly detailed breakdowns ‘could serve to confuse or obscure rather than illuminate the reality’, says BLP
HMRC says public accounts committee report criticises a previous poor standard of service from which it ‘has already recovered’