EXCLUSIVE: On the same day the consultation closed on the government’s general anti-abuse rule (GAAR), Labour Member of Parliament Michael Meacher tabled a private member’s Bill for a much wider general anti-tax avoidance principle (GATAP).
In his third State of the Union address, European Commission President José Manuel Barroso said the Commission is committed to moving forward quickly with the financial transaction tax (FTT).
Publish What You Pay Norway has developed a new standard of country-by-country reporting, backed by trade unions and investment companies, which goes beyond the requirements of the EITI and Dodd Frank. National coordinator Mona Thowsen talks to International Tax Review about the benefits of this new standard, not only for tackling tax avoidance, but for companies themselves.
The beginning of September marked VAT increases in Spain and Israel. While Spain’s three percentage point rise was much sharper than Israel’s one percentage point increase, both are hurting taxpayers.
