Tax & Regulation

Europe | 12 Jun 13

The European Commission has today proposed extending the automatic exchange of information between member states, claiming that the new requirements will go further than FATCA in tackling tax evasion.

Tax & Regulation | 12 Jun 13

UK accountants are expressing concern over the implications of a recent High Court ruling which appears to suggest that practitioners have an obligation to advise their clients to avoid paying tax.

Tax & Regulation | 11 Jun 13

HM Revenue & Customs has won a Tribunal to close down a tax avoidance scheme which had sought to cheat the public purse of £2.4m through the use of Employee Benefit Trusts.

Tax & Regulation | 6 Jun 13

A tax specialist has uncovered a ‘big hole’ in HMRC’s tax gap figures, following the publication of data by The Institute of Economic Affairs (IEA) relating to the amount of money the Exchequer is losing to the UK’s shadow economy.

North America | 5 Jun 13

A Geneva-based group representing Americans living abroad has taken advantage of a US congressional investigation into the Internal Revenue Service to explain how the IRS has taken to targeting Americans living overseas.