An assertion from an academic who has advised David Cameron, the UK Prime Minister, that tax avoidance is "disgusting" and should be discouraged, a plea from a finance director for more cooperative compliance and a warning that the failure of the BEPS project could lead to a series of unilateral actions on cross-border tax rules, made for a lively debate at the tax competition and cooperation conference convened by the Lord Mayor of London on Wednesday.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation
The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two