Bob Diamond was forced out of his role as chief executive of Barclays in the wake of a series of banking scandals including the deceptive altering of the London interbank offered rate (Libor interest rate). In the age of scandals and public enquiries, the desire to know more about companies’ activities, including their tax policies and compliance, is increasing from a variety of perspectives, explains Matthew Gilleard.
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Wopke Hoekstra also swore the EU would ‘hit back harder’ if faced with a trade war; in other news, a UK watchdog has launched an investigation into an audit completed by MHA
A recent UK First-tier Tribunal decision highlights the broad application of an anti-avoidance rule to deny tax relief, say Robert Waterson and Matthew Cummings of Eversheds Sutherland