Salman Shaheen speaks to David Gauke, Exchequer Secretary to the Treasury and the man behind UK tax policy, about reform, competitiveness and tax justice.
The UK-Swiss deal has met with mixed reactions from advisers and tax justice campaigners, but the feeling is that it is worse for account holders than the Lichtenstein Disclosure Facility and bad for tax authorities too.
The UK government on August 24 reached an agreement with Switzerland to tax British citizens hiding their money in the Alpine tax haven. International Tax Review has looked at the peculiarities of the deal and found 10 key points you cannot ignore.
The UK-Swiss deal to apply withholding tax on British citizens with Swiss bank accounts will be signed tonight, International Tax Review can exclusively reveal.
French President Nicolas Sarkozy and German Chancellor Angela Merkel rocked the markets with their joint plan for a Tobin tax. Their proposals have been welcomed by development activists, however, the overriding view is that they must gain wider support if they are to be implemented anywhere.