Accounting consultations are coming thick and fast right now. First, we had one on sustainability reporting from the International Financial Reporting Standards Foundation. Then we
Read the full article…
Is HMRC finally cracking down on big business tax abuse?
I noted this in the FT this morning, with interest: The UK tax authority has opened multiple criminal investigations after probing whether large companies are
Read the full article…
Why is HMRC so sure that there is more tax to collect from multinationals?
The Financial Times has suggested this morning that: The British government has launched a crackdown on multinationals suspected of wrongly reducing their UK tax bills
Read the full article…
There is overwhelming demand for tax transparency on the Covid 19 era
I have already referred to one public opinion survey on tax-related issues this morning, and then realised that I had not reported another, which was
Read the full article…
The Big 4 and World Economic Forum cannot tell stakeholders what information those stakeholders want from their accounts
The FT reported yesterday that: The leaders of the Big Four accounting firms have come together in an unusual joint initiative to unveil a reporting
Read the full article…
To become a truly “Global Britain†then we must show leadership on international tax reform
The Times had an article by Margaret Hodge MP and David Mitchell MP (Labour and Tory respectively) yesterday in which they said: As debate turns
Read the full article…
Tax and opacity remain at the heart of Starbuck’s operations
As the FT has reported this morning: Starbucks’ European division paid $175m in dividends to its US parent company last year, despite recording a 99
Read the full article…
HMRC is taking on big business using tax havens – and the only obvious explanation is country-by-country reporting
As the FT notes this morning: A crackdown on multinationals shifting profits to low-tax jurisdictions has increased the amount of tax HM Revenue & Customs
Read the full article…
A video explanation of country-by-country reporting
Country-by-country reporting has been back in the news of late, because data generated by it has for the first time shown the scale of likely
Read the full article…