The seventh meeting of the OECD’s Forum on Tax Administration, held in Buenos Aires last week, brought together heads of tax administrations from 43 countries as well as business leaders.
A tax adviser was found guilty of cheating the public revenue by dishonestly submitting and facilitating tax relief claims that falsely stated the value of shares gifted to charities.
Taxpayers who are not under investigation but want to admit to tax fraud may ask HMRC to consider their suitability for a new contractual disclosure facility (CDF), HMRC announced last week.
HMRC has launched an Alternative Dispute Resolution service for SMEs, in an effort to resolve disputes ‘much earlier’ than at present and reduce compliance costs.
HMRC has begun a detailed review of its business records checks programme, having recognised that the project would have benefited from more detailed consultation.
Aileen Barry reviews the top five tax developments in 2011 affecting investigations
‘Up to ten companies are facing a judge-led investigation into their tax settlements amid growing concern over the way Revenue & Customs polices the City.