World leaders will this weekend begin discussions over a crackdown on tax
havens, it is thought.
Richard Murphy, tax campaigner at the Tax Research Network, said the G20
summit presented an opportunity to start formal negotiations, but concrete
measures are not expected until US president-elect Barack Obama takes over in
January. ‘The summit will be the start of the process, not the conclusion,’ he
Murphy said that denying tax relief to non-co-operative tax havens could be
an effective way of dealing with the problem, but it is unclear whether major
countries will be able to agree a way forward on the issue.
Obama’s victory is also likely to generate a new blacklist of tax havens who
fail to comply with information exchange agreements.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
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