Helen Grant, newly-appointed UK Minister for Sport, Tourism and Equality has heaped praise on the hospitality and tourism sector for its financial contribution to the UK and for its “sharp focus” on, and success in, creating jobs. Those in the sector are hopeful the praise will increase the chances of a VAT cut for the industry in George Osborne’s upcoming Autumn Statement.
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The Irish government has been told that it’s spending too much of its corporation tax receipts and should instead focus on running bigger surpluses; plus, the IRS is set to merge tax practitioner offices
Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals