Multinational corporations have come under fire for aggressive tax avoidance. But their defence that their activities are legal raises an important question: Is it the responsibility of companies to act within the spirit of the law, or of governments to design better legislation to tackle avoidance? Salman Shaheen finds out what delicate balance is required.
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Richard Gregg is no longer fit and proper to be a tax agent, said the TPB; in other news, MHA completed its acquisition of Baker Tilly South-East Europe
Recent Indian case law emphasises the importance of economic substance over mere legal form in evaluating tax implications, say authors from Khaitan & Co
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After years of deafening silence, the UK tax authority is taking overdue action against corporates that fail to prevent the facilitation of tax evasion