The OECD's tax profile has rocketed this year because of the work it has done for the G20 countries on dealing with non-cooperative jurisdictions. However, many professionals believe the organisation is not inclusive enough, moves too slowly and is powerless to make countries follow its guidance. Joanna Faith finds out whether its time for a new way to set international tax standards
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap