A report from PwC assessing the total tax contribution of the Hundred Group – which consists of the finance directors of the UK’s biggest companies – shows that such companies contributed £67.7 billion ($108 billion) to the government in taxes for the year ending March 2011, but news such as the unveiling of avoidance schemes used by Barclays bank uncovers the fact that this could, or even should, be higher.
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Countries which care about fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency