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 MDDPŁukasz Kupień of MDDP analyses Polish regulation on preventing hybrid mismatches, and assesses its implications on the tax position of international groups
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Sponsored by Deloitte NorwayTerje Bogaard of Deloitte Norway explains a decision by the Tax Appeal Board regarding tax liability for the acquisition of receivables between group companies at a discount
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Sponsored by Gatti Pavesi Bianchi LudoviciPaolo Ludovici and Daniel Canola of Gatti Pavesi Bianchi Ludovici report on the extension of the creditability of foreign taxes to the Italian regional tax on productive activities, subject to the international tax treaty involved
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European Jurisdictions