George Osborne, UK chancellor of the exchequer, has delivered his Budget 2016 speech, criticising “large companies that exploit loopholes” while lowering corporation tax to attract multinationals. The big ‘winners’ were small and medium-sized enterprises.
A new guide focusing on base erosion and profit shifting (BEPS) developments - BEPS is Broader Than Tax: Practical Business Implications of BEPS, published in association with EY - is now available online.
The UK parliamentary Public Accounts Committee (PAC) has failed to reach a verdict in its report on the legitimacy of Google’s £130 million ($181 million) tax settlement with HMRC.
Country-by-country reporting (CbCR) represents one of the biggest tax compliance and accounting changes that taxpayers must contend with in the post-BEPS environment. Are you prepared?
On February 9 US President Barack Obama released his FY 2017 Budget, which targets large multinationals – particularly those in the fossil fuel and financial services industries, where tax hikes are proposed.
