Europe
The amount is reported to be up 57% from the £5.6bn that the UK tax agency believes was underpaid in the previous year
The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
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Sponsored by Crowe Valente/Valente Associati GEB PartnersCarola Valente of Crowe Valente/Valente Associati GEB Partners explains why ESG goals and requirements are intertwined with transfer pricing, and how multinationals can mitigate the associated risks throughout value chains
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Sponsored by Spanish VAT ServicesA CJEU ruling has recognised the right of EU member states to apply different VAT rates depending on the method of supply of foodstuffs and beverages, reports Fernando Matesanz of Spanish VAT Services
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Sponsored by EY RomaniaThe question of whether VAT is chargeable on remuneration received by individuals hinges on a decision to be delivered by the CJEU, say Florina Parîng and Costin Manta of EY Romania
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European Jurisdictions