The tax shelter to protect share option gains is not deemed improper and E&Y stands by it. But the US Inland Revenue Service has started a court case to investigate the tax arrangement of Sprint chief executive William Esrey and chief operating officer Ron LeMay, according to a report in the Financial Times
The outbreak of corporate scandals has reduced board tolerance on the integrity of executives, and they now clamp down on practices they used to ignore. Some industry consultants have warned that ‘good executives’ could be ousted for using legitimate tax practices.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay