Chris Morgan reports on transparency measures in the EU and beyond
Since my last article was written there has been both a Budget and Finance Bill published. These included some further minor tweaks to the new controlled foreign company (CFC) rules but there was little new announced of significance on international tax.
This month I continue with the theme of transparency and the ongoing debate around paying ‘the right amount of tax’ with further progress on the EU transparency directive; the announcement of a pilot multilateral exchange facility by the UK France Germany Italy and Spain; and the publication of a discussion document in Australia on new tax disclosure rules. The House of Lords Select Committee on Economic Affairs has also announced that it...
