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CORPORATION TAX


Heads of tax at the big four accountancy firms have welcomed the Commons public accounts committee’s endorsement of a multilateral approach to corporation tax reform.

The House Of Lords Economic Affairs Committee has extended to 14 May the deadline for submissions of evidence to its inquiry into corporate taxation.

Asked at what point the reduction in the main rate should stop, David Gauke noted that there were “certain advantages” in having 20% as a rate

PAC’s analysis ‘bears almost no resemblance to reality’

Firms deny ‘lack of clarity’ over where they draw the line between acceptable planning and aggressive avoidance

The G8 and EU 'must work together to ensure full transparency in beneficial ownership'

EC invites applications from organisations representing business, civil society and tax professionals

Professional advisers challenged to accept that companies have a moral duty to pay a fair share

Business has supported establishment by the OECD of ‘uniform international rules on controlled foreign companies and on interest deductibility’

Helen Lethaby reviews recent developments affecting the City, and reflects on the carrot and stick approach in last month’s Budget.

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