Inland Revenue called the meetings ahead of a claim in the European Courts of Justice by retailer Marks & Spencer to offset losses in Europe against its tax expenses, reports The Times.
Revenue is concerned that if the court rules in favour of M&S, other multinationals could follow suit and claims may run into millions of pounds.
Treasury staff have met with companies to negotiate solutions should M&S be successful in its claim.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
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