£27m victory for HMRC in BoI phantom tax loophole case

Administration £27m victory for HMRC in BoI phantom tax loophole case

8y Fraser Simpson, Reporter

£27m victory for HMRC in BoI phantom tax loophole ...

Bank of Ireland subsidiary fails in its quest to avoid millions in tax Read More...

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HMRC production order demands cause headaches for practices

Accounting Firms HMRC production order demands cause headaches for practices

8y Fraser Simpson, Reporter

HMRC production order demands cause headaches for ...

Taxman issues nearly 1,500 production orders last year to crack down on financial crimes Read More...

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Stop shifting profits to tax havens, UN urges

Administration Stop shifting profits to tax havens, UN urges

8y Fraser Simpson, Reporter

Stop shifting profits to tax havens, UN urges

UN report shows increased channelling of company funds into offshore tax havens such as the Cayman and British Virgin islands Read More...

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Avoidance scheme crackdown sees HMRC net £494m

Administration Avoidance scheme crackdown sees HMRC net £494m

8y Fraser Simpson, Reporter

Avoidance scheme crackdown sees HMRC net £494m

Taxman’s Counter Avoidance Directorate behind the massive increase in revenue, law firm claims Read More...

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Taxman secures MSC tribunal victory

Administration Taxman secures MSC tribunal victory

8y Fraser Simpson, Reporter

Taxman secures MSC tribunal victory

HMRC protects nearly £400,000 in tax following first-tier tribunal win, and expects to claw back a further £9m Read More...

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Former PwC employees to stand trial over Luxleaks scandal

Accounting Firms Former PwC employees to stand trial over Luxleaks scandal

8y Fraser Simpson, Reporter

Former PwC employees to stand trial over Luxleaks ...

Two PwC whistleblowers and journalist to stand trial over alleged leaking of corporate tax documents Read More...

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Government pressure driving HMRC's scatter gun approach to criminal investigations

Administration Government pressure driving HMRC's scatter gun approach to criminal investigations

8y Accountancy Age

Government pressure driving HMRC's scatter gun app...

Governmental pressure to crack down on tax evasion is resulting in HMRC applying its criminal investigation policy in an inconsistent manner, writes K...

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Tax transparency plans adopted across Europe

Administration Tax transparency plans adopted across Europe

8y Fraser Simpson, Reporter

Tax transparency plans adopted across Europe

UK-led beneficial ownership plans adopted in over 20 jurisdictions, including Gibraltar, Isle of Man and Montserrat Read More...

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Offshore clampdown continues as HMRC protects £365m

Administration Offshore clampdown continues as HMRC protects £365m

8y Fraser Simpson, Reporter

Offshore clampdown continues as HMRC protects £365...

First-tier tribunal rules against Clavis Liberty Fund, over the shadowy use of dividend funds Read More...

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HMRC blows away Project Zephyr avoidance scheme

Administration HMRC blows away Project Zephyr avoidance scheme

8y Fraser Simpson, Reporter

HMRC blows away Project Zephyr avoidance scheme

Taxman victorious in first-tier tribunal, puts a halt to €84m Fidex avoidance arrangement Read More...

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Bermuda falls in line with OECD tax reporting agreement

Administration Bermuda falls in line with OECD tax reporting agreement

8y Fraser Simpson, Reporter

Bermuda falls in line with OECD tax reporting agre...

British island territory agrees to sign OECD pact on tax co-operation, which has already been signed by 31 nations Read More...

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Tax vacancies increase following transparency pressures

Administration Tax vacancies increase following transparency pressures

8y Fraser Simpson, Reporter

Tax vacancies increase following transparency pres...

Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year. Read More...

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Five ways the European Commission can go further to combat tax avoision

Administration Five ways the European Commission can go further to combat tax avoision

8y Fraser Simpson, Reporter

Five ways the European Commission can go further t...

Tax experts suggest ways the European authority can build upon its country-by-country reporting announcement Read More...

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PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

Administration PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

8y Fraser Simpson, Reporter

PAC slams ‘woefully inadequate’ HMRC on tax fraud ...

Select committee says HMRC is making ‘limited progress’ in reducing tax fraud losses, claiming that the rich 'can get away with tax fraud' Read More...

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UK leads charge for action on beneficial ownership

Administration UK leads charge for action on beneficial ownership

8y Fraser Simpson, Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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HMRC victorious in Supreme Court film tax battle

Administration HMRC victorious in Supreme Court film tax battle

8y Fraser Simpson, Reporter

HMRC victorious in Supreme Court film tax battle

Supreme Court rules in favour of taxman over long-running Eclipse 35 tax avoidance scheme Read More...

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Eclipse film tax avoidance scheme takes appeal to Supreme Court

Administration Eclipse film tax avoidance scheme takes appeal to Supreme Court

8y Fraser Simpson, Reporter

Eclipse film tax avoidance scheme takes appeal to ...

The tax avoidance scheme involves high-profile individuals, including Sir Alex Ferguson Read More...

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Osborne publishes tax return with help of HW Fisher

Accounting Firms Osborne publishes tax return with help of HW Fisher

8y Fraser Simpson, Reporter

Osborne publishes tax return with help of HW Fishe...

Chancellor releases tax return following the controversy surrounding tax affairs of politicians, reveals connection with accountancy firm HW Fisher &a...

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Top ten firm distances itself from Blairmore Holdings connection

Accounting Firms Top ten firm distances itself from Blairmore Holdings connection

8y Fraser Simpson, Reporter

Top ten firm distances itself from Blairmore Holdi...

Source close to firm says it had 'no involvement or control' over where controversial fund was set up Read More...

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Cameron to announce new corporate offence for tax evasion

Administration Cameron to announce new corporate offence for tax evasion

8y Fraser Simpson, Reporter

Cameron to announce new corporate offence for tax ...

Prime minister set to make announcement on companies which encourage tax evasion, while he launches joint taskforce with HMRC to deal with Panama Pape...

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When it comes to 'tax avoision and secrecy', MPs have reaped what they sowed

More News When it comes to 'tax avoision and secrecy', MPs have reaped what they sowed

8y Kevin Reed, Writer

When it comes to 'tax avoision and secrecy', MPs h...

Ministers' pious assertions around tax and transparency have come back to haunt them, writes Kevin Reed Read More...

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‘Profound concerns’ over HMRC’s data handling: Advisers react to Panama leak

Administration ‘Profound concerns’ over HMRC’s data handling: Advisers react to Panama leak

8y Fraser Simpson, Reporter

‘Profound concerns’ over HMRC’s data handling: Adv...

Tax experts give their verdict on the Mossack Fonseca scandal, with opinion spilt over whether HMRC will jump into action and bring evaders to justice...

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US report slams OECD and BEPS initiative

Corporate Tax US report slams OECD and BEPS initiative

8y Fraser Simpson, Reporter

US report slams OECD and BEPS initiative

Document claims that US corporate tax system is broken, and labels BEPS initiative as “costly and ineffective” Read More...

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Budget 2016: ‘Generous tax environment' will attract overseas investment

Corporate Tax Budget 2016: ‘Generous tax environment' will attract overseas investment

8y Accountancy Age

Budget 2016: ‘Generous tax environment' will attra...

Chancellor clamping down on offshore tax avoidance to enable level playing field, says Top Six tax expert Read More...

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MEPs quiz execs from Google, Apple, McDonalds and Ikea over taxes

Corporate Tax MEPs quiz execs from Google, Apple, McDonalds and Ikea over taxes

8y Fraser Simpson, Reporter

MEPs quiz execs from Google, Apple, McDonalds and ...

We've paid every cent of tax due": Apple vice-president defends tax practices Read More...

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EU to quiz McDonald’s and Google over tax affairs

Corporate Tax EU to quiz McDonald’s and Google over tax affairs

8y Fraser Simpson, Reporter

EU to quiz McDonald’s and Google over tax affairs

Apple and Ikea to join the multinationals at the European Parliament hearing, but Starbucks and Fiat have declined to attend Read More...

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Stagecoach tax avoidance stopped in its tracks by HMRC

Corporate Tax Stagecoach tax avoidance stopped in its tracks by HMRC

8y Fraser Simpson, Reporter

Stagecoach tax avoidance stopped in its tracks by ...

HMRC clamps down on scheme used by the transport group and 11 other firms, which could see the taxman recoup £179m in avoided tax Read More...

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