Tax & Regulation
Tax & Regulation | 19 Feb 13
tax experts hit back at name and shame call
Tax experts have hit back at the Public Accounts Committee’s suggestion that tax avoiders should be “named and shamed”, arguing that such a policy could easily become disproportionate and counterproductive.
Tax & Regulation | 19 Feb 13
tax avoiders and scheme promoters should be named
Tax dodgers and those who promote tax avoidance schemes should be named and shamed by HM Revenue & Customs, according to MP Margaret Hodge, who urged the Government to do more to stop the UK haemorrhaging money in lost taxes.
Tax & Regulation | 15 Feb 13
brussels adamant it will impose tobin tax
Updated EU plans to levy a financial transactions tax have been agreed by 11 member states, including France and Germany, but rejected by the other 16 member states, including the UK.
Tax & Regulation | 14 Feb 13
Switzerland signs tax deal with US
The Swiss government has signed a deal with the US that will reveal to Washington those American tax payers who hold accounts in Switzerland. The move, designed to unveil potential tax evaders, calls into question Switzerland’s tradition of banking secrecy.
Tax & Regulation | 13 Feb 13
hmrc debt treatment rule change seen
Tax experts say that a recent change in the rules governing a special form of debt known as “debts under a deed” will bring such debts which in fact are a form of asset within the inheritance tax net.