The Public Accounts Committee (PAC) released a report on tax avoidance, focusing primarily on tax arrangements between pharmaceutical company Shire and PwC. PAC’s insistence on making an example of PwC throughout the report shows the government has no qualms about publicly naming and shaming advisers.
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MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure