At a time when tax competition between states is growing and its own members toughen their regimes against international tax evasion, the Organisation for Economic Cooperation and Development (OECD) is encountering new pressures. Bob Reynolds asks Jeffrey Owens, director of its centre for tax policy and administration, how it can remain effective
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap