OECD forum’s head of secretariat welcomes tax battle progress
Tax Avoidance

OECD forum’s head of secretariat welcomes tax battle progress

5y Leanna Reeves

OECD forum’s head of secretariat welcomes tax batt...

The international body highlights the success of automatic exchange in fight against tax evasion Read More...

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India to become latest in Asia’s invoicing system overhaul
Tax

India to become latest in Asia’s invoicing system overhaul

5y Leanna Reeves

India to become latest in Asia’s invoicing system ...

Aimed at tackling evasion, India’s new e-invoicing system is the latest in a line of similar programmes across Asia Read More...

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OECD director: Agreement on digital services tax underway
Tax

OECD director: Agreement on digital services tax underway

5y Leanna Reeves

OECD director: Agreement on digital services tax u...

As the US trade war deviated towards Europe, taxing the digital economy has become a difficult task for international leaders, but new negotiations ar...

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Non-compliance measures paying off for HMRC
HMRC

Non-compliance measures paying off for HMRC

6y Chris Jewers

Non-compliance measures paying off for HMRC

A Failure to Correct policy, that came into force in October 2018 and can see penalties of up to 200% of the tax liable, seems to have prompted a rush...

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HMRC took over £500 million from British taxpayers with offshore interests
Tax

HMRC took over £500 million from British taxpayers with offshore interests

6y Tom Lemmon

HMRC took over £500 million from British taxpayers...

HMRC netted £560m from investigations into British taxpayers with offshore assets and income last year. This was the first time the total exceed £500m...

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"Tax is the centre of the social contract" - SSE finance director
Tax

"Tax is the centre of the social contract" - SSE finance director

6y Gregor Alexander

"Tax is the centre of the social contract" - SSE f...

SSE's finance director Gregor Alexander explains why it was important for the company to receive a Fair Tax Mark - and why paying your fair share of t...

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The Corporate Tax Haven Index: roll of honour or the naughty list?
Tax

The Corporate Tax Haven Index: roll of honour or the naughty list?

6y Mark Davies

The Corporate Tax Haven Index: roll of honour or t...

Mark Davies, of Mark Davies Associates, explains why he believes a new list of corporate tax havens may not be all that it seems Read More...

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Millions of new businesses; billions in missing taxes
Tax

Millions of new businesses; billions in missing taxes

6y Richard Asquith

Millions of new businesses; billions in missing ta...

In his monthly column, Avalara's Richard Asquith looks at what international tax authorities are doing to ensure compliance and mop up missing taxes R...

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3 years to settle tax disputes with large businesses
HMRC

3 years to settle tax disputes with large businesses

6y Emanuela Hawker , Reporter

3 years to settle tax disputes with large business...

Pinsent Masons has released a statement revealing that HMRC is taking longer to settle complex tax disputes involving larger businesses Read More...

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HMRC fraud investigation team collected £5.47bn in extra tax equaling 7% rise on last year
HMRC

HMRC fraud investigation team collected £5.47bn in extra tax equaling 7% ri...

6y Emanuela Hawker , Reporter

HMRC fraud investigation team collected £5.47bn in...

HMRC looking to expand further on the 13% increase from civil investigations Read More...

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Tax evasion referrals jump 24% for individual taxpayers
Tax

Tax evasion referrals jump 24% for individual taxpayers

6y Emanuela Hawker , Reporter

Tax evasion referrals jump 24% for individual taxp...

According to Pinsent Masons, HMRC could investigate 27 ‘serious’ tax evasion claims against some of the UK’s biggest businesses Read More...

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HMRC joins international coalition J5 to combat tax crime
HMRC

HMRC joins international coalition J5 to combat tax crime

7y Accountancy Age

HMRC joins international coalition J5 to combat ta...

The 5 member countries will collaborate to tackle international tax crime, money laundering and threats posed by cryptocurrencies and cybercrime Read ...

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Failure to prevent the facilitation of tax evasion – how can accountancy firms manage risk?
Tax

Failure to prevent the facilitation of tax evasion – how can accountancy fi...

7y Laura Mason

Failure to prevent the facilitation of tax evasion...

The Criminal Finances Act 2017 creates two offences covering both domestic and foreign tax evasion. What do accountancy firms need to know? Read More...

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EU parliament to launch tax inquiry in the wake of the Paradise Papers
Legal

EU parliament to launch tax inquiry in the wake of the Paradise Papers

7y Accountancy Age

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

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HMRC dawn raids increased by 34% in five years
HMRC

HMRC dawn raids increased by 34% in five years

7y Accountancy Age

HMRC dawn raids increased by 34% in five years

This is part of HMRC’s efforts to clamp down on white collar tax evasion, and new legislation criminalising failure to prevent tax evasion will give H...

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5 reasons not to overlook the Common Reporting Standard
Accounting Firms

5 reasons not to overlook the Common Reporting Standard

8y Accountancy Age

5 reasons not to overlook the Common Reporting Sta...

Helen Thornley from ATT looks at the reasons why accountants should pay more heed to the Common Reporting Standard Read More...

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HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act
HMRC

HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

8y Accountancy Age

HMRC invests in Fraud Investigation Service ahead ...

HMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...

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Failure to prevent tax evasion becomes criminal offence in Criminal Finances Act 2017
Legal

Failure to prevent tax evasion becomes criminal offence in Criminal Finance...

8y Accountancy Age

Failure to prevent tax evasion becomes criminal of...

The legislation, expected to be implemented in September 2017, will make businesses liable for criminal acts committed by employees who encourage or a...

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Worldwide Disclosure Facility for offshore tax evasion launched
Personal Tax

Worldwide Disclosure Facility for offshore tax evasion launched

8y Richard Crump , Writer

Worldwide Disclosure Facility for offshore tax eva...

A new online disclosure facility has launched today giving offshore evaders a last chance to settle tax on their wealth hidden offshore ahead of new d...

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Tough new sanctions for offshore tax evaders
Tax Bodies

Tough new sanctions for offshore tax evaders

8y Richard Crump , Writer

Tough new sanctions for offshore tax evaders

Tax evaders are set to face tough new sanctions under plans detailed by HM Revenue and Customs (HMRC) today Read More...

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Prosecutors call for tougher Luxleaks sentences
Accounting Firms

Prosecutors call for tougher Luxleaks sentences

8y Richard Crump , Writer

Prosecutors call for tougher Luxleaks sentences

Prosecutors in Luxembourg have called for tougher sentences for two former PwC employees found guilty in the Luxleaks tax scandal Read More...

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CIoT urges HMRC to delay introduction of new corporate tax evasion offence
Corporate Tax

CIoT urges HMRC to delay introduction of new corporate tax evasion offence

9y Richard Crump , Writer

CIoT urges HMRC to delay introduction of new corpo...

CIot urges HMRC to consider a delay to the 1 September 2017 introduction of its new corporate offence of failure to prevent the criminal facilitation ...

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Four jailed in £100m tax fraud film scam
Corporate Tax

Four jailed in £100m tax fraud film scam

9y Fraser Simpson , Reporter

Four jailed in £100m tax fraud film scam

Four men have been jailed after HMRC rumbled a £100m tax fraud film scam Read More...

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Jump in serious tax evasion cases for HMRC
Corporate Tax

Jump in serious tax evasion cases for HMRC

9y Fraser Simpson , Reporter

Jump in serious tax evasion cases for HMRC

HMRC referred 3,000 suspected instances of tax evasion for specialist investigation between 2015/16, Pinsent Masons has revealed Read More...

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European inquiry into Panama Papers receives go-ahead
Administration

European inquiry into Panama Papers receives go-ahead

9y Fraser Simpson , Reporter

European inquiry into Panama Papers receives go-ah...

The European Parliament has given the green light on an EU investigation into the Panama Papers Read More...

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Criminal tax evasion 'very problematic' for companies, claims CIoT
Corporate Tax

Criminal tax evasion 'very problematic' for companies, claims CIoT

9y Fraser Simpson , Reporter

Criminal tax evasion 'very problematic' for compan...

CIoT has come out against the government’s latest anti-tax evasion legislation, labelling it as “very problematic for businesses” Read More...

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HMRC tax evasion raid of former KPMG partners was ‘publicity stunt’
Accounting Firms

HMRC tax evasion raid of former KPMG partners was ‘publicity stunt’

9y Fraser Simpson , Reporter

HMRC tax evasion raid of former KPMG partners was ...

HMRC is under fire for allegedly obtaining warrants unlawfully for the detainment of four former KPMG partners Read More...

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