Accountancy Age report that:
Dave Hartnett, acting chairman of HM Revenue & Customs, has approached every FTSE 100 finance director, offering a lighter scrutiny of their taxes - if they agree to higher levels of disclosure and co-operation.
That’s good.
That’s consistent with the TJN Code of Conduct for Taxation.
And it would help stop further deterioration in the effective rate of tax paid by these companies.
I wonder how many will accept the invitation?
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