Luxembourg prime minister Jean-Claude Juncker has said US president Barack
Obama needs to concern himself with tax issues in the US before instructing the
financial centres of Europe.
Juncker made the assertion in a speech to the European Parliament and implied
it was hypocritical of Obama to criticise banking secrecy laws in places such as
Luxembourg, Switzerland and Austria, according to
He said if these jurisdictions are to be blacklisted for their privacy laws,
then the US must be subject to the same rules.
‘The G20 has no credibility as an undertaking if Delaware, Wyoming or Nevada
or far-flung islands from the United States are not on the blacklist,’ he said.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed