OECD/G20 inclusive framework on BEPS 2020

by | Jan 14, 2022

OECD/G20 Inclusive Framework on BEPS releases 2020 peer review assessments of 131 jurisdictions on the exchange of tax rulings information. The framework focuses on 5 key elements: i) information gathering…

EC to end the misuse of shell entities for tax purposes

by | Dec 15, 2021

The proposal should ensure that entities in the EU that have no or minimal economic activity are unable to benefit from any tax advantages and do not place any financial burden on taxpayers.  This will also protect the level playing field for the vast majority of...

HMRC issues briefing on their approach to tax fraud 

by | Dec 2, 2021

HMRC have issued a briefing explaining how they use a range of powers to tackle tax fraud – including building checks and controls into systems, changing legislation to make it more difficult or impossible to commit tax fraud and working with businesses to help...

EU plans new rules against tax avoidance

by | Oct 6, 2021

The tax discussion at the plenary session of the EU parliament was added to the agenda after reports this week on a large leak of tax data, known collectively as the “Pandora Papers”, which showed how the rich and powerful continue to systematically use...