Chris Morgan reviews recent developments and explains why the ongoing debate around tax transparency and the tax affairs of large multinationals is not limited to the UK.
What’s new?The big news this month is the publication of the OECD paper on base erosion and profit shifting on 12 February. The debate about the ‘right amount of tax’ is truly global as can be seen with Australia considering introducing rules to force companies to disclose their tax payments and Norway beginning a consultation on base erosion.
As well as two new UK High Court decisions on points of EU law there has also been progress on some topics that I have discussed in detail in previous months so I will just mention these latest...
