The BBC reports that German politicians have attacked the plan saying it forces taxpayers to fund the record-breaking Mannesmann deal in 2000, which at $180bn, was the biggest in corporate history at the time.
A member of the German ruling Social Democrat party said it would do what it could to ‘prevent the company from doing it like this’.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...