Penalties for offshore tax evasion are to be linked to the ‘tax transparency’ of the territory in which the income or gain arises.
Edinburgh chartered accountants Chiene + Tait announced the appointment of Justine Riccomini, who will lead the enhancement of the firm’s employment tax service.
Riccomini was previously a senior tax manager with Ernst & Young.
‘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
Tax and benefit changes taking effect in April will amount to a ‘net takeaway’ from households, equivalent to £200 per household, on top of this month’s increase in indirect taxes which was equivalent to £480 per household on average, according to the Institute for Fiscal Studies.
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.
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
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