Chris Morgan provides your update on developments in international tax, including recent examples of overseas tax authorities clamping down on tax avoidance.
Coverage in the ‘quality’ newspapers of last week’s well-attended launch of the CBI’s tax campaign appears to have been l
Drew Bailey explains why transfer pricing principles are increasingly important in tax competitiveness as well as protecting the tax base.
A special low rate of UK corporation tax on finance profits from overseas financing within multinational groups will offer a ‘very significant’ benefit to groups setting up a structure that represents, according to a leading tax expert, ‘almost government-approved tax avoidance’.
OECD guidelines on transfer pricing and other international tax issues protect the interests of OECD countries only and it is ‘improper’ to suggest that they represent internationally agreed guidance, the Indian government has claimed.
ActionAid and the Task Force on Financial Integrity and Economic Development have been named by TP Week readers as two of the five ‘leading forces in global transfer pricing’.
Tax officials from 90 countries have agreed on the need to simplify transfer pricing rules and make them ‘more robust’.
Companies should pay a fair rate of tax and ‘move vigorously towards the path of transparency’, the Labour peer and former newspaper publisher Lord Hollick told tax experts earlier this month, as campaigners renewed calls for country by country reporting (CBCR) by multinationals and claimed that
HMRC figures show that significant progress has been made in resolving transfer pricing issues with companies since a new approach was adopted in 2008, the department announced.