Google vice president Matt Brittin was called back to give evidence in front of the UK Parliament’s Public Accounts Committee (PAC) last week, after its members were unsatisfied with his responses in the November hearing alongside Amazon and Starbucks. PAC chairwoman Margaret Hodge accused the company of “doing evil” but many believe international tax rules are to blame for perceived aggressive avoidance.
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Gregor McMillan of Howden explains how insurance-backed financing can help businesses and funds unlock liquidity from tax receivables and other contingent claims
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