The Informal Meeting on the Practical Transfer Pricing Issues for Developing Countries, which was convened in New York last week, discussed the UN’s draft manual which will offer guidance on the practicality of adapting OECD guidelines to developing countries.
Andrew Mitchell, the UK Secretary of State for International Development, told more than 1000 development activists in London, that the government will act on tax avoidance and that it is warming to a financial transactions tax (FTT).
Business has responded favourably to consultation documents published by the UK government today on plans to introduce a patent box and reform R&D tax credits.
Greek plans to cut VAT rates to 20% only a year after two rises to 23% show that it has yet to find the right tax strategy to stabilise its ailing economy.
