French companies are showing an increased interest in tax planning because of global competitiveness and the economic downturn, advisers have told TPWeek. This is having an effect on profit allocation. However, public opinion is making taxpayers think twice about using structures that are seen to avoid too much tax.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
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