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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While it’s great that the OECD is alive to multinationals’ fears of being caught in a compliance trap, the ‘common understanding’ illustrates a worrying lack of readiness
Rising demand for specialist expertise has fuelled the growth in tax partner headcounts, Cain Dwyer found; in other news, Switzerland has been urged to reconsider pillar two
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