Undeniably, the spotlight is increasingly falling on the tax affairs and tax payments of multinational corporations. While tax departments retain a duty to shareholders to minimise the tax liability, the debate around such tax strategies has evolved faster in the years since the global financial crisis than ever before. Matthew Gilleard analyses what this evolution means for today’s tax director.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year