Global spirits giant
maker of Johnny Walker, has hired KPMG as it prepares for a major tax battle
with the Indian government.
A team from KPMG’s Australia office will fly to India this week to begin work
on a detailed case against a new whisky tax. The consultants will have the
backing of the Scotch Whisky Association and Discus, the US spirits trade body.
Diageo is fighting the legality of a 200% tax on Scotch imposed in India’s
largest city of Mumbai, despite a ruling by the World Trade Organisation and a
decision by the Indian state government of Maharashtra to slash import duty.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements